Inherited IRA

Continue the tax-deferred growth of inherited IRA assets and avoid the impact of immediate income taxes. Intended for designated IRA beneficiaries.

Inherited IRA Account Details

Key Benefits Fidelity Advantage Getting Started
  • No annual maintenance fee.1
  • No transaction fee when trading most Fidelity mutual funds.2
  • Your money grows tax-deferred, as earnings are not subject to tax until they are withdrawn.
  • Ability to minimize the taxable amount that must be withdrawn each year.
  • Ease and Convenience: Our Automatic Withdrawals service calculates your annual IRS distribution requirement based on the information you provide, automatically withdraws it, and deposits the funds into an account you specify.
  • A broad range of investment choices, including more than 4,700 Fidelity and non-Fidelity mutual funds, index and exchange traded funds, plus stocks, bonds, and options.
  • Knowledgeable Inheritor Specialists to help you create and maintain your plan.
  1. There is no brokerage account fee on Fidelity's Traditional, Roth, SEP, and Rollover IRAs. Fund expenses and brokerage commissions still apply. Depending on your situation, fees may include low-balance fees, short-term trading fees and account closing fees. Other fees and expenses applicable to continued investment are described in the fund's current prospectus.
  2. For more information, refer to the Brokerage Commission & Fee schedule for retirement accounts.
  3. To preserve all options, inheritors must make certain decisions within nine months of the date of death of the original account owner.