Flash

The Big Picture

What is an IRA, and why does it matter? For starters, IRA stands for "Individual Retirement Account." Its sole purpose is to help you save for retirement by providing significant tax advantages. Opening an IRA is key to pursuing the kind of retirement you truly want. It's one of the smartest moves you can make.

All of our IRAs are No Fee ¹

Annual custodial and maintenance fee waived for all IRAs

Find the Right IRA

Roth, Traditional, or Rollover - see which one may be right for you.

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Learn the Basics

Understand how IRAs work and the advantages they can offer.

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Privacy & Security Bank of America, N.A. Member FDIC. Equal Housing Lender House © 2009 Bank of America Corporation. All rights reserved

¹ Banc of America Online Investing, Powered by Merrill Lynch and Bank of America, N.A. charge no annual IRA custodial or maintenance fees, however, fees and expenses are subject to change. Please note that other fees and expenses may apply, including early withdrawal penalties, trustee transfer fees, and standard brokerage fees. For Banc of America Online Investing, Powered by Merrill Lynch's standard brokerage fees, please see the Self-Directed Miscellaneous Fees schedule or speak with your full service Financial Advisor. For Bank of America N.A.'s fees, see your Personal Schedule of Fees.

Brokerage IRAs (non-FDIC insured) are available through Banc of America Online Investing, Powered by Merrill Lynch. Bank IRAs (FDIC insured) are available through Bank of America, N.A.

Banc of America Online Investing, Powered by Merrill Lynch is the brand name for an online investing business offered through Merrill Lynch, Pierce, Fenner & Smith Incorporated.

Banking products are provided by Bank of America, N.A., Member FDIC.

Investment products are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated and:

Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, member FINRA and SIPC, and a wholly-owned subsidiary of Bank of America Corporation.

Investing involves risks, including the loss of principal invested.

Neither Bank of America, N.A. nor any of its subsidiaries are tax or legal advisors. It is suggested that you consult your personal tax or legal advisor before making tax or legal-related investment decisions.