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How to Open a Roth IRA
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11:55
nerdwallet.com
Roth IRA Guide: What It Is, How It Works & Eligibility - NerdWallet
A Roth IRA is an individual retirement account that you contribute to with after-tax dollars. Your contributions and investment earnings grow tax-free.
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Everyone talks about the benefits of starting a Roth IRA, but no one actually shows you how to do it. Check out my video for a step-by-step guide on setting up your Roth IRA 🔥 Have more questions about starting a Roth IRA? Comment “INVEST” or tag a friend to join my next beginners investing livestream on Tuesday! 🙂 1. Google Vanguard, Fidelity, or Schwab 2. Click Open an Account 3. Go to dashboard → transfer → set up monthly recurring deposits 4. Buy shares of S&P funds each month and dollar c
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If you have a Roth IRA, here are 3 key things to know: 1. You can withdraw your contributions anytime without taxes or penalties. 2. You can take out up to $10k for a first home purchase, as long as your account is at least 5 years old. 3. Make sure to invest in assets to benefit fully from your account By leveraging these benefits and investing wisely, you can set yourself up for long-term financial success. 💵🌟 -Steve Follow @calltoleap for investing videos! Follow me @calltoleap to learn mor
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