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Looking Glass: Starting up a Roth IRA

I’ve been mulling over and over the last 6 months about where to open a Roth IRA. I finally decided on T.Rowe Price because they do not have a minimum deposit requirement as long as you sign up for their Automatic Asset Builder Account (Otherwise it is just $1,000). They do charge a $10 fee for accounts below $5,000. My second choice was either ING or Vanguard, and I may keep an eye on them to see if I would like to switch to them later on. But at least I finally took the step to open the account and get started, as well as starting up my new 401k.

Some of the articles on Roth IRA’s that helped me figure out what the I was going to do:

Open a Roth IRA at ING

How to start a Roth IRA and where to do it

Which Investments are Best for a Roth IRA?

Roth IRA vs Traditional IRA

A retrospective on Roth IRA’s

Starting your Roth IRA in 2007

Questions and Answers about Roth IRA’s

About Crystal Groves, Google+

Crystal Groves is a farmer, web developer, musician, blogger, and personal finance enthusiast from the back hills of Maryland and Pennsylvania. She started Money Drain as a project to encourage people interested in fixing their financial situation to share their stories and learn from the stories of others. We all make mistakes, but in order to change we have to make changes.

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