Comments on: How To Open A Roth IRA Account And Which Broker To Use http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/ Personal Finance Beyond Credit Cards and Balance Transfers Thu, 11 Mar 2010 17:04:37 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Robin http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-146622 Robin Sun, 07 Mar 2010 05:48:48 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-146622 I'm a little nervous about investing risky fund, which investment will provide a good return with little risk? I’m a little nervous about investing risky fund, which investment will provide a good return with little risk?

]]> By: David http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-145001 David Wed, 03 Mar 2010 20:34:17 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-145001 Zecco offers 10 free trades a month if you have an account balance of $25,000, not $2,500 like the article says... Zecco offers 10 free trades a month if you have an account balance of $25,000, not $2,500 like the article says…

]]> By: Brian http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-144948 Brian Wed, 03 Mar 2010 18:52:37 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-144948 My wife (married last year) currently has a Roth IRA that she has been contributing to for a few years now. I am looking into opening/starting my own. I'm wondering what the best choice to do in terms of the company is. Is it better to use the same company? I'm not a big fan of the corporation that runs her due to how they handled a credit account I had with them, so I'd like to use Fidelity personally. Any input about 1 company vs. 2 would be great. My wife (married last year) currently has a Roth IRA that she has been contributing to for a few years now. I am looking into opening/starting my own. I’m wondering what the best choice to do in terms of the company is. Is it better to use the same company? I’m not a big fan of the corporation that runs her due to how they handled a credit account I had with them, so I’d like to use Fidelity personally. Any input about 1 company vs. 2 would be great.

]]> By: patsy http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-140357 patsy Tue, 23 Feb 2010 06:01:48 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-140357 i am new to this, i just heard about this and i'm interested in opening a joint roth ria account, i'm in georgia and would like to know how to start. Any suggestions i am new to this, i just heard about this and i’m interested in opening a joint roth ria account, i’m in georgia and would like to know how to start. Any suggestions

]]> By: kevin http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-130603 kevin Mon, 01 Feb 2010 18:23:21 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-130603 Scottrade, aren't they one of the best discount brokerages. I would rate them above E-trade for sure because of the price and they have actual offices, unlike places like Tradeking and Zecco. Scottrade, aren’t they one of the best discount brokerages. I would rate them above E-trade for sure because of the price and they have actual offices, unlike places like Tradeking and Zecco.

]]> By: Mike http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-127284 Mike Fri, 22 Jan 2010 23:51:32 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-127284 Thanks for the advice I will check them out. Thanks for the advice I will check them out.

]]> By: Jessica http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-127202 Jessica Fri, 22 Jan 2010 12:36:00 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-127202 Mike: I've tried several brokerage places and liked Ameritrade best. The site is very intuitive, and their fees are simple. It's always $10 per trade no matter how many shares. Mike:
I’ve tried several brokerage places and liked Ameritrade best. The site is very intuitive, and their fees are simple. It’s always $10 per trade no matter how many shares.

]]> By: Mike http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-126948 Mike Fri, 22 Jan 2010 00:32:08 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-126948 I am looking for the right company to open a Roth IRA account. I mainly will invest in mutual funds and targeted funds, but I do want to put money into stocks also. The biggest concern of mine is to have low management costs and to have good tools. What do you think would be the best choice for me? I am looking for the right company to open a Roth IRA account. I mainly will invest in mutual funds and targeted funds, but I do want to put money into stocks also. The biggest concern of mine is to have low management costs and to have good tools. What do you think would be the best choice for me?

]]> By: Suzanne http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-125938 Suzanne Sun, 17 Jan 2010 23:40:11 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-125938 I received notification that my old company's 401(k) plan is soon going away due to the company's bankruptcy. The plan is with ING and I am currently looking into establishing an IRA so I can roll my 401(k) money over. It seems to my that Vanguard would be a good place to establish a rollover IRA because I don't plan on doing a lot of active trading/investing with my IRA. Any thoughts? I received notification that my old company’s 401(k) plan is soon going away due to the company’s bankruptcy. The plan is with ING and I am currently looking into establishing an IRA so I can roll my 401(k) money over. It seems to my that Vanguard would be a good place to establish a rollover IRA because I don’t plan on doing a lot of active trading/investing with my IRA. Any thoughts?

]]> By: Jessica http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-121556 Jessica Fri, 01 Jan 2010 11:34:04 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-121556 I went with Ameritrade. Their fee structure is very simple. It's always about $10 per trade, no matter how many shares. Plus their tools are pretty good, since they purchased thinkorswim.com I went with Ameritrade. Their fee structure is very simple. It’s always about $10 per trade, no matter how many shares. Plus their tools are pretty good, since they purchased thinkorswim.com

]]> By: John http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-121529 John Fri, 01 Jan 2010 08:58:35 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-121529 Thank you for this information! I was about to sign up with Chase Roth IRA account, but after reading this information, I believe I should look into more options such as Vanguard and Fidelity. Thank you for this information! I was about to sign up with Chase Roth IRA account, but after reading this information, I believe I should look into more options such as Vanguard and Fidelity.

]]> By: Finanseer http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-119640 Finanseer Sat, 26 Dec 2009 04:48:46 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-119640 Melissa: I would recommend Vanguard, if you don't plan on active trading. You can open a Roth IRA and allocate to a target retirement fund, or a wide variety of other index funds. Low costs and easy even for beginners. Melissa:

I would recommend Vanguard, if you don’t plan on active trading. You can open a Roth IRA and allocate to a target retirement fund, or a wide variety of other index funds. Low costs and easy even for beginners.

]]> By: Melissa http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-116308 Melissa Fri, 11 Dec 2009 01:29:59 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-116308 I am searching for the perfect roth IRA. I worked part time at a hospital and have money that is awarded and vested to me. I would like to invest in a Roth IRA, but do not know how to determine which one is best for me. I am 27 yrs old and need advice. Please help. I am searching for the perfect roth IRA. I worked part time at a hospital and have money that is awarded and vested to me. I would like to invest in a Roth IRA, but do not know how to determine which one is best for me. I am 27 yrs old and need advice. Please help.

]]> By: Raymond http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-62533 Raymond Mon, 30 Mar 2009 07:03:32 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-62533 For everyone in general (since I've been receiving emails regarding this question)...To be eligible to contribute to an IRA or Roth at all, you must meet the earned income minimum requirement. In order to make a contribution to your IRA or Roth retirement broker account, you must have taxable compensation (not taxable income from investments). For example, if you make only $3000 in taxable compensation, your maximum IRA contribution can only be $3000 for the year. As always, remember that IRA's and Roth's are use it or lose it retirement vehicles. You can't make back contributions for past years. For everyone in general (since I’ve been receiving emails regarding this question)…To be eligible to contribute to an IRA or Roth at all, you must meet the earned income minimum requirement.

In order to make a contribution to your IRA or Roth retirement broker account, you must have taxable compensation (not taxable income from investments). For example, if you make only $3000 in taxable compensation, your maximum IRA contribution can only be $3000 for the year.

As always, remember that IRA’s and Roth’s are use it or lose it retirement vehicles. You can’t make back contributions for past years.

]]> By: Jessica http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/comment-page-1/#comment-60095 Jessica Sat, 14 Mar 2009 13:40:07 +0000 http://www.moneybluebook.com/how-to-open-a-roth-ira-account-and-which-broker-to-use/#comment-60095 Raymond: Thanks for the reply. Yes, I emailed Fidelity yesterday and will see what they have to say. What are your experiences with Roth IRA transactions? I suspect the various brokers need to be competitive. Should I expect Roth IRA transactions to be similarly priced as standard stock trades/transactions? Raymond:
Thanks for the reply. Yes, I emailed Fidelity yesterday and will see what they have to say. What are your experiences with Roth IRA transactions? I suspect the various brokers need to be competitive. Should I expect Roth IRA transactions to be similarly priced as standard stock trades/transactions?

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