Why open and use a Fidelity IRA?

0:00 Fidelity Investments: Opening Fidelity IRA Account 2021
0:45 What is a IRA?
Tax Sheltered Account that gives access to buy and sell sell securities like stock, bonds and mutual funds
Few Benefits/Rules
Tax free contribution (Able to lower your taxable income and your AGI)
Annual contribution limit ($6000)
Access to funds without penalty at age 59.5
Will pay taxes on the amount pulled from your account at that time

2:33 Fidelity Index Funds
Zero Minimums
Zero Expense Ratios
Comparing Fidelity Index Funds to Vanguard Index Funds
4:39 How to get started?
Open an Account on Website or on the App
Fund your Fidelity Account (Transfer, deposit a check)
Choose your investments
5:33 Other IRA options

#FidelityInvestments #FidelityIRA #FidelityIndexFunds
If you are new to the channel I am working toward financial independence. On this channel I share some of the insights that I have learned as I have been on this journey and my goal is to help you reach your financial goals and help you be more intentional with your money. I post new videos every week!

Feel free to check out my other videos for help on your financial journey.

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Jamie Beath 👇

I am a husband and father of three who is working toward financial independence. I paid off my home in February 2021 and I invest regularly to work to be financially independent by Dec 2025.

Outside of time with my family, watching people succeed with money is one of my greatest joys. So many people have challenges with personal finance. I create videos that have a simple, practical approach that anyone can apply to win with money. I have been practicing what I preach in my own personal financial life, and can help you immediately in yours.

Whether you need help organizing your finances or making progress on the path toward financial independence, retire early (FIRE), I can help you be more intentional with your money. Thanks for subscribing!

Other topics I discuss include:
-Getting out of Debt
-Building Savings (Building an Emergency fund)
-Budgeting (reducing expenses)
-Saving First
-Saving Everything (Automatic Savings)
-Home Payoff
-Retirement Savings (401k, Roth, HSA)
-Wealth Building
-Financial Independence

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion….(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERT IRA TO GOLD: Gold IRA Account

CONVERT IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA