Chase IRA Review and Roth IRA Fees for 2026
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J.P. Morgan Chase IRA
J.P. Morgan Chase offers Individual Retirement Accounts through some parts of its business, but not through every division. This review shows which areas offer IRAs, what they cost, and how to open one.
Chase Bank
J.P. Morgan Chase no longer offers Individual Retirement Accounts through its banking unit Chase Bank. Old IRAs that were opened before the service was discontinued in March of 2017 can still be held with the bank.
The absence of IRAs at Chase Bank does not mean FDIC insurance is unavailable for retirement assets connected to the company. As we’ll see, both SIPC and FDIC protection can be available through investment IRAs using different methods.
J.P. Morgan Self-Directed Investing
The first place we find Individual Retirement Accounts with J.P. Morgan Chase & Co. is through its
online brokerage arm J.P. Morgan Self-Directed Investing. This is where
some of the lowest costs will be found. Both Roth and Traditional IRAs are available. No other IRA types can be opened, which means this investment unit may not work for everyone.
Only self-directed accounts are available through J.P. Morgan Self-Directed Investing. An IRA of either
type (Roth or Traditional) can be opened. Accounts have no annual fee and offer $0 commission online trades for stocks, ETFs, and options. IRA
termination fee is $75.
Clients can invest in a much wider range of financial products, including certificates of deposit.
These brokered CDs come with FDIC insurance. Other securities, like stocks and mutual funds, will
receive SIPC protection.
A J.P. Morgan Self-Directed Investing account
can easily be opened online. It takes just a few minutes to open.
Learn more about J.P. Morgan Investing »
Personal Advisors
Although there are no human investment advisors available in J.P. Morgan Self-Directed Investing, there are some at J.P. Morgan Personal Advisors. This is an investment-advisory service that goes beyond self-directed investing. It comes with added services that the self-directed program doesn’t offer, such as periodic account reviews with real human advisors online or over the phone.
The Personal Advisors program, not surprisingly, is a little more expensive. The cost is either 60 or 50 basis points per year, depending on account value. It takes $25,000 to open a Personal Advisors account.
Opening an IRA under the Personal Advisors program requires more than a simple online application. A phone call has to be made with the advisory team, and it will probably take more than one conversation to get the account fully open and funded.
The Personal Advisors department is open during the week and on Saturday. Its phone number is (833) 542-1891.
Private Client Advisor
The third place to open an Individual Retirement Account with J.P. Morgan Chase is with the company’s
Private Client Advisor division.
A higher level of service (and increased fees) will be found here.
There are two account modes available through the Private Client Advisor channel: brokerage and investment-advisory. A brokerage IRA carries a $50 annual fee, although that fee can be waived in certain cases, and commissions may apply.
Advisory IRAs will be subject to the company’s annual management fee (as high as 1.45% for some setups), which is in addition to any management fees underlying funds may charge.
The Private Client Advisor program has a steeper minimum ($100,000) but delivers more IRA types, including SEP and SIMPLE plans that are good options for small businesses. Once again, there is a $75 fee for closing an IRA.
Then there is the one-on-one relationship with a dedicated financial advisor, which isn’t available with the other programs through J.P. Morgan we have seen thus far. This financial planner will be able to help with all sorts of issues, including some that will be of particular interest to retirement savers. These include:
- Wealth planning and transfer
- Charitable giving
- Personalized financial plan
- Estate planning
- Annuities
- Retirement planning
- And more
Private Client Advisor accounts also have access to the widest variety of financial products. These
include
life insurance, structured investments, and private equity funds.
Because the Private Client Advisors program is a full-service investment setup, a visit with a local
financial advisor is required to get an account open.
Learn more about Chase Private Client »
J.P. Morgan Wealth Management
Fourth and final on our list is J.P. Morgan’s Wealth Management department. There are only a few cities in the United States to have a Wealth Management office. Examples include:
- Boston, MA
- Atlanta, GA
- Houston, TX
- Newport Beach, CA
Because the Wealth Management program is a traditional, full-service setup for high-net-worth clients, an account will need to be opened through a local office with a financial advisor.
An IRA opened through the Wealth Management division will be subject to a $50 annual fee and a $95 closeout fee.
Digital Tools and Research
IRA investors with any J.P. Morgan division can place trades and manage their accounts through Chase.com. Chase Bank accounts are automatically linked, so a single login is all that is needed to manage both investment and bank accounts. The Chase mobile app is also available.
The website (but not the mobile app) has a mutual fund screener with predefined searches for specific fund categories. One of these categories is target-date mutual funds, which are designed for retirement planning and saving. The screener will be found by clicking on the Investments tab in the top menu and then selecting the “Find investments” link in the Research category. On the next page, be sure to select the mutual fund screener and not the screener for stocks or ETFs.
Under the same Research section within the Investments tab is a collection of educational and research materials that both advisory and brokerage customers will benefit from. During our snooping, we found financial news articles with thumbnails, an economic calendar, and market commentary from J.P. Morgan.
Rolling Over a Qualified Retirement Plan (QRP)
A retirement account with a previous employer can be rolled over into a J.P. Morgan IRA with any of the departments discussed above. The first step is to open the IRA; the second step is to contact the previous employer and request a rollover.
More information about rolling over a 401k or other employer-sponsored account can be found clicking on the “Transfer securities” link underneath the Investments tab (look in the Portfolio section).
A Higher Return Way to Invest
Financial advisor and wealth management fees substantially reduce an investor’s portfolio value over the long term.
A less expensive approach is to
build a diversified portfolio with commission-free index funds at
Charles Schwab,
allowing more of the investment returns to remain in the account.
Open Schwab Account
Updated on 4/14/2026.
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