Open your IRA online quickly & easily. 1  Get started with as little as $1,000. 2  Move money directly from your bank to your new Vanguard IRA ® electronically. 3  Name beneficiaries for your IRA. (We'll send instructions once your IRA is open.). 4  Avoid the $20 annual account service fee by registering your accounts online and signing up for e-delivery. Get started with as little as $1,000. *. 2  Move money directly from your bank to your new Vanguard IRA ® electronically. 3  You'll just need your bank account and routing numbers (found on your bank checks).