Choose your WellsTrade® account
Need help? Visit our FAQs.
1. Qualified distributions, which are tax-free and not included in gross income, occur when your Roth IRA has been open for more than five years and you are at least age 59 1/2, or as a result of your death, disability, or using the first-time homebuyer exception.
Wells Fargo and Company and its Affiliates do not provide tax or legal advice. This communication cannot be relied upon to avoid tax penalties. Please consult your tax and legal advisors to determine how this information may apply to your own situation. Whether any planned tax result is realized by you depends on the specific facts of your own situation at the time your tax return is filed.
WellsTrade offers the following account types:
- Standard brokerage
- Traditional IRA
- Roth IRA
- SEP IRA
- Inherited IRA
- Education savings
- Custodial
- Business
- Trust
- Qualified Retirement Plan
WellsTrade offers the following account types:
- Standard brokerage
- Traditional IRA
- Roth IRA
- SEP IRA
- Inherited IRA
- Education savings
- Custodial
- Business
- Trust
- Qualified Retirement Plan
Compare account types
Standard |
Traditional IRA |
Roth IRA |
|
|---|---|---|---|
| Trade Stocks, ETFs, no-load mutual funds, bonds and more. Option trading and margin investing available |
Yes |
Yes |
Yes |
| Monitor your investments with robust tools and resources |
Yes |
Yes |
Yes |
| Potential investment earnings grow tax-advantaged |
No |
Yes |
Yes |
| Contributions may be tax-deductible IRA Contribution Calculator |
No |
Yes |
No |
| Rollover/consolidate Traditional IRAs and 401(k)s, 403(b)s, and governmental 457(b)s |
No |
Yes |
No |
| Rolllover/consolidate Roth IRAs and designated Roth accounts |
No |
No |
Yes |
| Tax-free qualified distributions2 |
|
|
Yes |
| Access to your contributions anytime, tax-free |
No |
No |
Yes |