Where to Start (ROTH IRA)
Hello. I have been wanting to open a ROTH IRA account for a little over a year now, and the more, and the more I do my homework it seems as though the time is now. Only problem is.. Whom do I open the ROTH IRA with? Any Suggestions? What are some important questions that I need to ask when establishing this account, and what should my focus be? Currently I am 25 years of age, contribute 8% into my 401k of which is more than the company match of 4%. As I have already surpassed the 4% match for the year. I have thought it would be best to lower my contributions to 2-3%, and slam putting money into a ROTH IRA. Currently I have about $1000.00 cash to put up front into the account and can easily swing $150.00 contributions on a Monthly basis or $75.00 BIWEEKLY. Any advice would be helpful.