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Partnership Disclosure
We might be compensated by one of our IRA partners for an account you open through our platform. This helps us keep the rollover service free, but it never impacts the fees you’ll pay on your new account. We only win if you do, and our job is to help you simplify your retirement accounts. We also help people who already have an IRA account even though we might receive no compensation in these situations—because it’s just the right thing to do!

TD Essentials Automated IRA Review: Features, Fees, and More

Updated on June 6, 2024

Learn about our Editorial Process

Key Takeaways

TD Ameritrade was acquired by Charles Schwab in 2020. We also have a comprehensive review of Charles Schwab’s Intelligent Portfolios Automated IRA.

Fund your Schwab IRA with a 401(k) rollover in just a few minutes

TD Essentials Automated IRA Snapshot

Best if you want
TD Ameritrade offers an automated IRA with no management fee and a wide range of portfolio options.
What you can invest in
All digital advisors create a diversified portfolio of ETFs (Exchange-traded funds) based on your risk tolerance and preferences
Schwab's automated IRA has a $5,000 account minimum which is a little higher than other providers, but comes with 24/7 human support.
Account minimum
Ease of Use
Star filledStar filledStar filled
3 stars stars
Checkmark Pros

• No management fee
• Customizable portfolio based on risk tolerance and preferences
• Includes 24/7 customer support

Checkmark Cons

• Higher account minimum starting at $5,000
• $50,000 account minimum is required for tax-loss harvesting
• Outsized cash position in the portfolio

Ready to take control of your assets?
Capitalize helps you consolidate your old 401(k)s by rolling them into an IRA of your choosing. Use an existing IRA if you have one, or we’ll help you open one if you don’t.

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