Can I deduct my Roth IRA contribution?

If you have an existing Roth IRA account and you would like to transfer it to a Roth IRA account with Interactive Brokers, you will want to select "Roth" as the IRA account type when applying for a new IRA account…

Yes, you can convert your traditional IRA to a roth IRA in the Client Portal.

Additional Information…

IRA contributions can only be made in cash…

You can find information on current IRA contribution limits on our website. If contributions are made to multiple IRA accounts established for the same beneficial owner, the contribution limit to the Roth will be reduced as if all contributions were made to the Roth. …