What is the minimum account balance in order to start an IRA with iTrustCapital? What is the minimum account balance in order to start an IRA with iTrustCapital?

What is the minimum account balance in order to start an IRA with iTrustCapital?

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The minimum to open an iTrustCapital account is $1,000. The maximum to fund an account is based on IRS limitations for cash contributions. There is no maximum for IRA Transfers or Qualified Plan Rollovers. 

The minimum amount for additional deposits (rollovers, transfers and contributions) is $500.

Annual limits for eligible IRA contributions:

Contribution Year Contribution Limit: Under age 50 Contribution Limit: Age 50 or older
2025 $7,000 $8,000
2026 $7,500 $8,600

The deadline for 2025 contributions is April 15th, 2026. Contributions for the tax year 2026 can be submitted as early as January 1st, 2026.

Contribution limits differ for SEP IRAs. For 2025, you can contribute up to $70,000, or roughly 25% of your adjusted gross income, and for 2026, you can contribute up to $72,000, or roughly 25% of your adjusted gross income. It is recommended to speak with your tax advisor about your SEP IRA contribution limits.

For more information, please visit the IRS website.