How much does it cost to open up an IRA account?
Do banks charge different rates? Is it a rate? or a flat first time fee? to open up an IRA account. Which would be better? Roth or Regular? What’s the difference? Appreciate your help!
Categories: what is an ira Tags: account, Cost, much, open
Can I open a Roth IRA if I have little money and no current steady income?
I am a college student and am unemployed except for a part-time summer job. I have a little money saved up but nothing huge. I looked at Vanguard but their minimum requirement for opening a Roth is $3000. I don’t have anywhere near that amount of money saved up. Does anybody know if I can open one for less with another brokerage firm? Also, can anyone recommend some firms that would be good choices and charge little or no fees? Your help is greatly appreciated.
Which company should I choose to open a Roth IRA account?
I am looking to minimize fees incurred. I am eligible and I am not considering other options (i.e. traditional). I am looking for advice to determine which company I should open my account with. This is my first year out of college and I want to get my account started now, but I will probably only have about $1000 for this year. After that, I plan to pay in the maximum amounts.
Also, I am primarily looking to open this account with a brokerage firm. I have an account with Washington Mutual and would consider them if there were significant advantages.
Would now be a good time to open a Roth Ira?
I’m thinking of opening an Ira but I’m not to experienced with investing. If I do open an Ira what should I put my money in?