How To Open A Roth IRA 💸 (6 Easy Steps!)

by | Sep 10, 2022 | Vanguard IRA | 41 comments

How To Open A Roth IRA 💸 (6 Easy Steps!)




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41 Comments

  1. Andre Smith

    That's useful

  2. Tony Adams

    I am just watching this I am 55 and thinking about doing this

  3. Brayden zutz

    Hey I’m a 17 yr old kid and want to get into investing into a Roth ira this video helped a lot

  4. nadiayourlocalmilf

    do you have to be an independent filed for this? i’m 18 but my father still claims me for his own tax benefits, is there a way for me to still open a roth ira?

  5. dontbemad

    Hey great video. If you are making an eligible amount right now, but you start making more money down the road can you still keep your roth IRA account if you start one now while your eligible?

  6. Pamela Woodard

    I love visual aids and this was the break down that I needed.

  7. Walt Dennig

    Thanks . . . That was easy. I've had difficulty finding a video that answered my questions about the Roth IRA

  8. Viri Del Rio

    Can it be less than 6000 per year or does it have to be 6000

  9. Joe Lover

    THANKS SO MUCH you the only person I could understand, in 17 years here in the us, so basically all this mumbo jumbo is,.
    A account that you have to personally open and manage or set up (PERSONALLY AND MANUALLY) WITH A BANK OR EMPLOYER

  10. soul ren

    So you can only add once a year?

  11. Brianna Schlattman

    Hi I was just wondering if you knew about how much they tax every year when you contribute the max 6,000 in a Roth IRA post tax account?

  12. Frazhier Lagora

    so i just opened a roth ira on fidelity and it got restricted. anyone know why?

  13. M

    You said the limit was $6-7,000, but what is the minimum to start the account?

  14. electro Mejia

    Bro I am new to it! And I have no clue about this!!! It gives me an idea but I need more info… can you recommend more of your videos

  15. Lily Hayes

    I just opened one with my bank, was that a bad idea? She had me sign papers and sent me away, didn’t explain anything to me

  16. Rick James

    Earn? Is that net or gross? What if you gross over 137k?

  17. I Am the Great

    Here is simple way to understand.
    Traditional IRA – Taxed when you start taking money out.
    Roth IRA – Taxed when you put money in.
    401k – Taxed when you start taking money out.
    Roth 401k – Taxed when you put money in.

  18. Oscar

    Any thoughts on vanguard? A lot of people have opened Roth IRAs with them

  19. MOCHA LATAY

    So it’s too late to make my Roth IRA today

  20. nina12

    This is really confusing for me, I’m first generation and my parents did not know any of this information. I am 27 and just learning about this. Who can I go talk about this in order to get started? I would like to start as soon as possible. Thank you for the video it helped me so much.

  21. Chris

    What about like fidelity anf vangaurd?

  22. Diana

    hi, so i came across this video and am super interested in now opening my own roth ira- should i wait to open it? Like April 16?

  23. Authentic Awareness

    I’m 31 kinda late but I just opened my IRA and Roth IRA

  24. Star Bradley

    What if your a 1099 contract worker?

  25. Malik Alshehabi

    Let’s say I start today and I make 35k. But I’m my 30s I make $150k will I still be eligible ?

  26. Abdoul Sako

    I want to save money but also invest the money hands off, at a low risk tolerance.I’m willing to invest about $200 monthly, What do you recommend !??

  27. Xx_ Soul52 _xX

    I’m only 15 but my mom told me she didn’t have a retirement plan so I’m trying to do this for her. Is there a good way to convince a person who doesn’t know about finance to do this?

  28. Micaela Lanman

    I am 24 and work full time as a nurse. I am matching my employer’s 401K. My husband and I are currently debt free, however he is in medical school and we will be going into debt for his 3rd and 4th years of schooling. Is it better for me to save money to pay towards our future debts or to invest in a Roth IRA/other means? Thank you in advance.
    Also, will we be able to continue to invest in the same Roth IRA when our household income changes 5 years down the road?

  29. ashley evangelista

    So I turn 18 april 25
    I open it with 250 and fund 6000 the next year Jan-April15?

  30. Spectrive

    Hello, I'm 19 and am currently in school. Is it possible for me to open an account without having an official job before? I feel that employment is a requirement since I need a source of income but just want to be sure I'm not missing out on an opportunity.

  31. Panda Boy

    Thanks im 12 years old but when ill turn 18 that is what ill do

  32. Sola Rezzz

    Can you open a Roth IRA even though you are un employed?

  33. Emmanuel Lopez

    What if I open up a Roth IRA and in the future I end up making more than the amount allowed?

  34. Daniel Quezada

    Subscribed! Thanks for the great info. One quick question. I make less than 137,000 but once my wife starts working it will be more than the 200k eligibility. If I start one right now that I’m eligible will it be canceled once our income is over when my wife starts working? Thanks In advance.

  35. Yani

    Can you create a video to explain how to open HSA account? What health insurances qualifies,etc.

  36. DarkNDusty Inc

    Would this be a time to get out of a Roth IRA since everything seems to be crashing? Or switch to bonds?

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