Investing in Roth IRA?

Question

Where and how do you recommend to invest in Roth IRA?

Answer 1

http://www.rothira.com/#Press

http://www.irs.gov/publications/p590/ch0...

http://www.ira.com/

http://investopedia.com/university/?view...

Knock yourself out.

Answer 2

You can open a Roth IRA at any bank or finance or mutual fund company.  A Roth IRA can be part of an overall retirement investment plan.  Contributions to a Roth IRA are on a after tax basis (and not tax deductible) and withdrawals can be made without penalty after 5 years (and 59 1/2 years of age)

Answer 3

Roth IRA don’t always make sense, the amount you are putting in has to be paid to the tax man the year you contribute, depending on your age if you put that into a regular IRA with out paying the tax you would have more money working for you at a compound interest. Take your $ contribution plus the tax and project out many years at different interest rates and see how much you are loosing. At retirement your income position will change and so will your taxes it might be better to let that money you would pay in taxes compound to improve your return.