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Where To Open A Roth IRA (3 Best Places For New Investors)

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Pennies Not Perfection

✅ Not sure how to invest? Find advisors here: https://penniesnotperfection.com/nect...
✅ Roth IRA rules found here: https://www.irs.gov/retirementplans/...
✅ Roth Savings Challenge plans: https://shop.penniesnotperfection.com...

Opening a Roth IRA will make you a taxfree millionaire for just a couple hundred dollars a month.

Roth IRAs are incredible easy to open and offer powerful benefits to investors. But I get asked often where is the best place to open one? I'm covering three of my favorite options for option a Roth IRA in this video.

Vanguard: https://investor.vanguard.com/account...

Vanguard Roth IRA Pros:
Very reputable financial company
Amazing low fee funds
High performing investment options
Lots of educational resources
Owned by the investors

Vanguard Roth IRA Cons:
Funds do have fees even though they are very low
Some funds have higher minimums to purchase ($1,000$3,000+)
UX (user experience) is dated and can be hard to figure out
Can't buy fractional shares of stocks or ETFs in Roth IRAs

Fidelity: https://www.fidelity.com/

Fidelity Roth IRA Pros:
Reputable company with good history
Platform is easier to use and better designed than Vanguard
Cheaper fees and lower minimums on many funds
Offers zero fee mutual fund options
Lots of educational resources to learn
Allows you to purchase fractional shares
Options for selfdirected/DIY or advisor helps

Fidelity Roth IRA Cons:
Fees for advisor help are higher

M1 Finance: https://penniesnotperfection.com/M1Fi... (affiliate link)

M1 Finance Roth IRA Pros:
Amazing roboadvisor technology
Easy to use and beautiful platform on web and app
No fees for investing
Easy rollovers (with bonuses for switching too)
Ability to purchase fractional shares

M1 Finance Roth IRA Cons:
Company is newer and was just founded in 2016
There is a $500 minimum to start
Now charges $3 per month under $10K balance

Roth IRA tracker ➝ https://shop.penniesnotperfection.com...

Learn more about Roth IRAs: https://penniesnotperfection.com/roth...


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Mary
P.O. Box 240981
Memphis, TN 38124

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**The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. I am not a professional and this channel is for entertainment purposes only. Do your own research!!

*Affiliate links. I get commissions for purchases you make through links shown here. It doesn't affect your purchase in any way and the commissions help support this channel. I only recommend items I personally use and appreciate the opportunity to share.

posted by dcerykm