Maximize the potential growth of retirement assets

Contributions and earnings accumulate tax deferred and may experience growth through compounding.

Hypothetical growth of systematic $6,000 annual investments into a Roth IRA versus a taxable account

$887,481$406,059$88,702$600,801$311,996$80,362Taxable account (after taxes)Roth IRA (tax free)*10 YEARS25 YEARS35 YEARS

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Fidelity Advisor Roth IRA Details

Target Market

Clients who may want to:

  • Diversify tax treatment of retirement assets
  • Reduce or avoid RMDs and taxes at retirement
  • Leave tax-free income to beneficiaries
  • Supplement other retirement savings
  • Convert their Traditional, SEP, or SIMPLE IRA to a Roth1
  • Roll over 401(k) assets1

Eligibility Requirements

  • No age limit; must have compensation
  • Maximum modified adjusted gross income for annual contributions:
    • For single filers: In 2023: Up to $138,000 ($138,000 to $153,000 for a partial contribution)
    • For joint filers: In 2023: Up to $218,000 ($218,000 to $228,000 for a partial contribution)
  • Conversions:1
    • No income limits; married couples filing separately are also eligible

Fund Offering

  • Over 150 Fidelity Advisor Funds®

Maximum Contributions

  • Lesser of 100% of compensation or $6,500 if under age 50; $7,500 if age 50 or older2
  • Maximum contribution is reduced by any amount contributed to a Traditional IRA for the same year
  • Spousal IRA for nonworking spouse: $6,500; $7,500 if spouse is age 50 or older2
  • Contributions are not tax deductible


  • Established and funded prior to the individual's tax filing deadline (no extensions) for contributions to be applied to previous tax year


  • Distributions are tax and penalty free if taken after a five-year aging period AND:
    • after age 59½
    • for first-time home purchase ($10K lifetime limit)
    • in the event of disability or death
  • If the above requirements are not met, distributed earnings may be subject to income tax as well as a 10% early withdrawal penalty
  • No required minimum distributions
  • Qualified charitable IRA distributions

Product Advantages

  • All distributions are tax free provided certain requirements have been met
  • Contributory assets up to $1 million may now be protected from creditors3
  • No required minimum distributions during the IRA owner's lifetime
  • Flexible distribution options for estate planning and tax management

Get Started with Your Clients

Meet with your client to discuss retirement goals and create an income plan
Share the IRA Enrollment Guide with your client
Complete the new account application or rollover form

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