Growing old is a natural phenomenon that no one can escape; the crow feet near one’s eyes or the deepening of the laugh lines are just old age’s euphemistic way of telling you that it has arrived. These ramifications of old age are quite trivial when you address the elephant in the room: the discontinuation of your regular income source. It is common knowledge that every citizen has to retire at the age of 60, and even if you wish to work after 60, you won’t be receiving the hefty paycheck that your job paid you.

You would thank your younger self when you retire if you had invested in the best individual retirement account (IRA) that helps retirement planning. IRAs are those depositories where you save money for your retirement while you are working, and the golden rule- the earlier you start saving for retirement, the better- is the logic that governs the functioning of the IRA. The best IRAs providers offer the amazing retirement plans, low-cost investments, extensive retirement tools, efficient customer services, and reasonable account minimums and fees. Do not be under the impression that you can survive solely on the 401(k) plans that your employer offers; it is always sensible to save for a rainy day.

Here are some of the best IRAs that double as a great retirement plan.

E*Trade
E*Trade has been rated as one of the most popular all-around brokers since they offer the prospective customers a wide array of investment products and resources they will possibly need. If you are new to the entire concept of an IRA and how it helps you save for your retirement, you can simply sit back and relax, since E*Trade doubles as a knowledge base where you can learn a lot about how to rollover your IRA, complete an IRA conversion, or simply about how to open a new account. Opening an IRA at E*Trade is beneficial since there are investment choices, no account minimums, and you deposit $10k or more than that and trade free for 60 days.

Merrill Edge
The Bank of America is the parent organization of Merrill Edge, and this is enough to instill a sense of faith in prospective customers. For the more skeptical ones, Merrill Edge offers one of the best IRAs for retirement planning and is quite popular among casual traders who wish to earn money for their retirement. This company offers a potent blend of competitive prices and an efficient customer service. Moreover, this online broker offers an advantage to the members of the parent company who wish to open IRAs here; it seamlessly integrates with the parent company, making it easier for customers to access both the accounts with a single login. New customers can earn 300 free stock and ETF trades for 90 days and are entitled to around $100 to $600 cash bonus depending on the account size.

TD Ameritrade
TD Ameritrade has been hailed as one of the best online brokers that facilitates trading and long-term investment. It offers the best IRAs for retirement planning and ensures that as a customer, you have access to all the information you might need. Opening an IRA with this online broker is quite beneficial since there’s no account minimum you need to adhere to, and you can access more than 100 no-fee ETFs. Moreover, you can receive up to $600 when you decide to roll over your old 401(k). It even has a Chartered Retirement Planning Counselors that will help you with this rollover, and ensure that everything is covered.

Ally Invest
Here’s an online broker that has garnered immense popularity owing to the fact that it is affordable and offers quality services. After its collaboration with Zecco in 2013, there is no looking back; this online broker kept improving at an amazing scale. It offers one of the best IRAs for retirement planning and ensures that as a customer, you will have access to all the trading tools they have, and this surpasses the other Traditional IRA and Roth IRAs when it comes to trading options. You will even receive a refund up to $150 in account transfer feed, and earn $4.95 per trade. It is quite easy to save and earn with this IRA.