Best Places to Open a Roth IRA
Online Options mentioned in this video:
Scottrade:
Betterment:
Read more about Betterment here:
…(read more)
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Best Places to Open a Roth IRA
Are you considering opening a Roth IRA but don’t know where to start? Choosing the right financial institution to open your account is a crucial decision, as it can greatly impact your retirement savings. To help you make an informed choice, we have compiled a list of the best places to open a Roth IRA.
1. Vanguard:
Vanguard is often regarded as the industry leader when it comes to retirement accounts. It offers a wide range of low-cost investment options, including index funds, target-date funds, and actively managed funds. With Vanguard, you can invest in a diversified portfolio tailored to your risk tolerance and long-term goals. Additionally, Vanguard’s excellent customer service and user-friendly interface make managing your Roth IRA a breeze.
2. Fidelity:
Fidelity is another prominent name in the world of retirement accounts. It provides an array of investment options, including mutual funds, index funds, and ETFs (Exchange-Traded Funds). Fidelity also offers robust research tools and educational resources to help you make informed investment decisions. Furthermore, their online platform is intuitive and easy to navigate, making it convenient to manage your Roth IRA on the go.
3. Charles Schwab:
Charles Schwab is known for its low-cost investment options and exceptional customer service. It offers a wide range of investment choices, including stocks, ETFs, and mutual funds. Schwab also provides access to their proprietary research and third-party analysis to assist you in making sound investment choices. With their intuitive online platform, you can easily manage your Roth IRA and have a clear overview of your investments.
4. TD Ameritrade:
TD Ameritrade is a top choice for investors who value a broad selection of investment options. They offer a vast range of commission-free ETFs and thousands of mutual funds to choose from. Additionally, TD Ameritrade provides access to their thinkorswim trading platform, which is renowned for its advanced market analysis and powerful tools. If you are a hands-on investor looking for a variety of investment options, TD Ameritrade may be the right choice for you.
5. Betterment:
If you prefer a more hands-off approach to investing, Betterment could be an ideal choice. As a robo-advisor, Betterment builds and manages your investment portfolio based on your goals and risk tolerance using sophisticated algorithms. They offer a globally diversified portfolio of low-cost ETFs. With Betterment, you can have peace of mind knowing that your Roth IRA is being managed by professionals with your best interests in mind.
While these are some of the top places to open a Roth IRA, it’s important to research and compare the fees, investment options, and customer support provided by different financial institutions. Ultimately, the right choice depends on your individual needs, goals, and preferences. However, starting your retirement savings journey with any of the above mentioned reputable institutions is a step in the right direction.
Scottrade is no longer exits
That was almost 7 years ago.. so what’s the best place now in 2019
how are credit union roth ira compared to online companies?
How do you feel about investing with Merrill Edge, as a company, fees , and honesty? I have a rollover IRA with them. I’ve had it for about 2 years just seating there without doing nothing, I though it was in the market generating for me but it wasn’t the case, now I’m looking to see if I should leave it with them just so they can manage it for me or look for a better option. I don’t have any experience in this field all this is new to me and I’m just trying to make the right choice. Can you advise?
Shout out Sean ranklin
I opened my Roth IRA with M1 Finance with dividend focused stocks, but I have a taxable account with vanguard ETFs as the base 😛
So far they are doing well.
If u owe school finical aid can government go after your Roth IRA
What about self managed Roth IRA ?
Ole I wiped my ass with my forehead lil boy
If I have both a Roth IRA (contributing 4%) and Roth 401k (contributing 9% with highest availble match), should I max out the Roth IRA first or put that money into the Roth 401k?
Please help, there is very limited information about Roth 401k vs Roth IRA.
opened with usaa
If i live in the UK can i still open an account at vanguard ?
Vanguard is the best. Here is a tip, if a investment company spends money to advertise, who do you think pays for those ads. Their clients, I mean suckers. Here is another tip, index funds, index funds, did I mention index funds.
What do you think about m1 finance?
What do you think of USAA? Have had a Roth IRA with them for 7-8 years now? Figured you would know since you were in the military as well.
I opened with TD Ameritrade for free and started investing immediately. I have full control over all my investments and their apps really make it easy to sit in the driver's seat.
I know this video is from 2012, is betterment still a top choice?
I am a real estate investor and looking to expand my business. I am interested in helping people with IRA's make 5-10%, sometimes even more, return on their investment. Feel free to text message or call me @ 804-491-6921
Do i have to put money into it every month?
Can a TSP be transferred to a Roth IRA post active service?
Can you explain why ally investment is your top choice?
Two tone head
I'm 25 and want to use my savings that is non emergency for good use. Is roth ira my best option? What would allow me to pull my money in case I want it early?
Damn great video, Jeff . Thanks very much! like #490
I USED VANGUARD…THE BEST.
okay tiger woods 🙂
I wish you'd get to the point. I hate people like you who make long videos and ramble on and on on about shit that we already know..
I have a multi layered question concerning a Roth . Can I start one with Scottrade and just fund it and let it grow, or do I have to actively buy or trade stocks? I Would prefer just to contribute to the max and be hands off or is this unreasonable to assume I can do? Your help would be greatly appreciated, thanks.
how much money do you need to start a roth ira? Do you have to have a well paying job?
Thank you for your videos, Jeff. I didn't know NOTHING about Ira, Roth IRA nor Traditional IRA until I've watched your enthusiastic videos. I have now opened an IRA account through NFCU. Traditional and Roth for my wife and for myself. I wish I could have started on this long ago in my early 20's. Will be 38 this year.
I opened mine up at TD Ameritrade for free and started investing once i got to $200…a year later and I've saved about $5,000!
ROTH IRA with a Temporary Life Insurance is the way to go, we all hope to live after 30 yrs not everyone dies. thats the reason we get ira and life. universal will give you at max 10,000$ back if you live after 30yrs and if you pass away they give back 50% of the money you put in. dumb. temporary secures you at a 100% if you contracted for 100,000$-300,000$ for 30 yrs. and you pass away they give that contracted amount. BUT if ou dont pass away, YOU GET ABSOLUTELY NOTHING, BUT meanwhile IRA ROTH has been tripling your money while those 30yrs passed now youre living and now you want money to enjoy and retire, the ira does exactly that. think about it guys
is this sponsored?
I don't want to mess with ETFs, mutual funds, converting my money into gold certificates or none of that crap, I just want to put cash into the damn thing whenever I have it then pull it out when I'm old.
wondering about state farm ira…and roth.? i have my insurance and was offered a universal… im looking for a retirement account
$3 a month is ripoff
so scottrade is ta good place to start up a roth ira ? I live downtown st.louis myself.
im 18 years old and im a beggining trader and im intrested in preparing for my long term. this video helped me with some of my questions about iras. thanks
Serious lisp
Hi Jeff! Sounds great. But what do you think about TD AMERITRADE? Any thoughts, would be most appreciated.
Jeff what about s company called Ariel investments. Any tips?