1) Open a Traditional IRA with Fidelity. Go to https://www.fidelity.com/retirement-ira/traditional-ira and follow their step-by-step guide. 2) Link a bank account. Since this may be your first time using Fidelity, you may need to “ link a new bank ” to your account before you can set up a one-time deposit.Is fidelity a good investment?
Who It's Best For. The Fidelity platform is a good fit for investors at either end of the trading activity spectrum. The prices are reasonable for long-term investors who want to buy and hold a couple of mutual funds or stocks. They'll also like the ability to access, monitor, and track investments once they are made.How do you start an IRA account?
Open an IRA account online or by downloading an application and filling it out and mailing it (along with a check for your initial investment) to your chosen investment firm. There is usually a minimum investment ($1000 for most mutual funds, but as little as $100 for banks).