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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 IRA vs Ally Invest Robo Portfolios IRA

Updated on May 30, 2024

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TD Ameritrade offers an automated IRA with no management fee and a wide range of portfolio options.

Ally offers an automated IRA as a with no annual management fee, 24/7 customer support, and a range of other financial products (incl. bank accounts & mortgages).

Find & move your old 401(k)s into your new IRA
Provider
TD Ameritrade
Automated IRA
Ally
Automated IRA
Fees
TD Ameritrade
0%
Ally
0%
What they invest in
TD Ameritrade
All digital advisors create a diversified portfolio of ETFs (Exchange-traded funds) based on your risk tolerance and preferences
Ally
All digital advisors create a diversified portfolio of ETFs (Exchange-traded funds) based on your risk tolerance and preferences.
Limitations
TD Ameritrade
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.
Ally
Ally's 0% fee only applies to the "Cash-Enhanced" portfolio which puts 30% of your assets into cash, which could impact your returns.
Human advisor available?
TD Ameritrade
Yes, the Schwab's Premium Intelligent Portfolios offering; requires $25,000 minimum balance and costs $30 a month in addition to a $300 one time planning fee.
Ally
Not at this time, though you'll get access to Ally's call center support.
Account minimums
TD Ameritrade
5000
Ally
$100
Ease of use
TD Ameritrade
Star filledStar filledStar filled
3 stars stars
Ally
Star filledStar filledStar filledStar half
3.5 stars
Rollover

Fund a TD Ameritrade IRA with a 401(k) rollover

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Fund a Ally IRA with a 401(k) rollover

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COMPARE

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Find & move your old 401(k)s into your new IRA