Vanguard IRAs Review
ConsumersAdvocate.org Rating: 9.7 / 5 ()
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The following companies are our partners in IRAs: SoFi® Invest, TD Ameritrade, Vanguard, Stash, Rocket Dollar, Future Capital, The IRA Club, Oxford Gold Group, Stash, Robinhood Retirement, J.P. Morgan Wealth Management, IRA Financial, and Public.
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How Do We Rate Vanguard?
Breakdown
Our Overall Rating: 4.9 / 5 (Excellent)
Vanguard Account Features
Account Features - 5 / 5
With Vanguard, consumers can choose to invest in an “all-in-one” Target Retirement Fund, which is a broadly diversified portfolio that automatically rebalances itself to become more conservative as the person approaches retirement age, or they can build their own customized portfolios by choosing their own mutual funds and ETFs. Vanguard also allows consumers to invest in non-Vanguard mutual funds and ETFs, and in individual stocks and bonds, among other securities.
Consumers can fund their accounts by making direct contributions through check or electronic transfer, rolling over an old employer plan into their IRA, or by rolling over an existing IRA from another company to Vanguard. Additionally, automatic investing is also available for those who want to set up recurring contributions to their IRAs.
| Types of IRAs | Rollover IRA Roth IRA Traditional IRA SEP IRA SIMPLE IRA Spousal IRA Self-Directed IRA |
| Account Minimum | $1,000 |
| Mobile App | Yes |
Investment Options
| Mutual Funds | |
| Index Funds | |
| Stocks | |
| Bonds | |
| Money Market Accounts | |
| CDs | |
| ETFs | |
| Options |
Advisors
Online Experience
Consumers can open, fund, personalize their investment portfolios and manage their IRAs through Vanguard’s website, or through the company’s mobile app, which is available for iOS, Android and Amazon devices.
Vanguard Fees and Penalties
Fees and Discounts - 5 / 5
Consumers who have an account balance of $50,000 or more, can subscribe to get financial advisory for 0.30% of their total assets under management. Additionally, the company’s funds and ETFs are serviced at an additional cost, so we encourage consumers to check out each IRA prospectus for more information regarding these fees
| Management Fee | $20 annual service fee for accounts under $10,000 |
Vanguard Financial Strength and Reputation
Reputation & Customer Support - 5 / 5
Vanguard offers customer support via phone, email and through social media, Monday through Friday, 8:00 a.m. to 10:00 p.m. EST.
| Year Founded | 1975 |
| FDIC Member | Yes |
| SIPC Membership | Yes |
| BBB Rating | A |
| Consumer Financial Protection Board (CFPB) Complaints | 0 |
| Date Collected | 2018-12-26 |
| Live Help 24/7 | No |
| Customer Support Hours | Monday through Friday, 8:00 a.m. to 10:00 p.m. EST |
Contact Methods
| Phone | |
| Chat | |
| Social Media | |
| Text |
Company Profile
| Full Name | Vanguard IRAs |
| Company Website | |
| Headquarters | 100 Vanguard Boulevard V26, Malvern, PA, 19355 |
Our Comments Policy | How to Write an Effective Comment
IRAs made simple with as low as $0 to start
- Pick from traditional or Roth IRAs to match your tax strategy.
- More low‑cost choices and flexibility than most employer plans.
- Explore rolling over an old employer plan, keeping retirement savings in one place.
One of the main benefits of opening an IRA with Vanguard, is that the company has some of the lowest fees in the industry, with no sales commissions, and consumers can open an IRA account with just $1,000.
Vanguard offers customer support via phone, email, and through social media, and customer support is available from 8:00 a.m. to 10:00 p.m. EST on weekdays.