Category: IRA

Here’s how to open a Roth IRA with $250.00. Go to Action 3 – Invest in a Roth IRA and follow the instructions. You might want to eventually transfer your Roth IRA over to a brokerage firm like Charles Schwab or TD Ameritrade when you’ve accumulated quite a bit (thousands of dollars) in your Roth…

After searching the web for a brief description of the advantages, disadvantages and rules of a Roth IRA, I thought I’d add mine to the mix: Advantages You can contribute to your Roth IRA after age 70 1/2, unlike the age limitation of a traditional IRA. You can contribute up to $4,000.00 for 2007 if…