Invest in future you with the right IRA plan.
Manage your investments in one place with a rollover IRA.
Ally Invest fees, a short story.
For individual or joint accounts:
To change or add a beneficiary to a non-IRA Ally Invest account, complete the Beneficiary Form (PDF), have it notarized, and mail it to:
PO Box 30248
Charlotte, NC 28230
For IRA accounts: While opening an Ally Invest IRA account online, you’ll be asked to identify at least one primary beneficiary for your account. To update or change your beneficiary, complete the IRA Beneficiary Designation (PDF). Be sure to sign it, then upload it in the forms section after logging in to your account, or fax it to 1-866-699-0563.
|Type of Limits||Traditional||Roth|
|Maximum annual contribution limits||$6,000 age 49 or younger; $7,000 age 50 or older||$6,000 age 49 or younger; $7,000 age 50 or older|
|Contribution deadlines||You have until Tax Day (April 15) to make an IRA contribution for the prior year.||You have until Tax Day (April 15) to make an IRA contribution for the prior year.|
|Modified adjusted gross income limits||Your income amount does not affect how much you can contribute, but it may affect how much you can deduct. Keep in mind, you may only contribute earned income.||For 2021, single filers making less than $125,000 (less than $124,000 for 2020) or joint filers making less than $198,000 (less than $196,000 for 2020) may make full contributions; single filers making $125,000 to $139,999 ($124,000 to $138,999 for 2020) or joint filers making $198,000 to $207,999 ($196,000 to $205,999 for 2020) may make contributions at a reduced amount. Any filers with incomes above these limits cannot make contributions. Keep in mind, you may only contribute earned income.|
|Age limits||Contribute at any age.||Contribute at any age.|