Roth IRA companies

tchr2 · 02-27-2008, 10:01 AM

Where's the best place to set up a Roth IRA?

Xin Lu · 02-27-2008, 02:26 PM

I have my Roth IRA at vanguard because they have the lowest cost mutual funds and great customer service. The problem is that you need a $3000 minimum for most of their funds. If you can afford to put in $3000 at once I highly recommend Vanguard.

khorrell · 02-27-2008, 03:48 PM

If you are eligible to join USAA, I highly recommend them. Fantastic fees, good funds, and outstanding customer service. However, you must be eligible for membership.

rstlne · 02-27-2008, 04:33 PM

I have my Roth IRA at Scottrade because they have no-fee IRAs and access to a broad range of investments and because although I use some mutual funds, I do a significant amount of investment research on the side too.

However, as you can see from the answers so far, there is no one best place for Roth IRAs. It depends on what you plan to do. For example, I actually would recommend Vanguard for their low expense ratios if you're taking the indexing approach.

02-27-2008, 10:01 AM	#1
tchr2 Junior Member Join Date: Feb 2008 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	Roth IRA companies Where's the best place to set up a Roth IRA?

02-27-2008, 02:26 PM	#2
Xin Lu Wise Bread Blogger Join Date: Jan 2008 Posts: 440 Thanks: 0 Thanked 3 Times in 3 Posts Reputation: (92)	I have my Roth IRA at vanguard because they have the lowest cost mutual funds and great customer service. The problem is that you need a $3000 minimum for most of their funds. If you can afford to put in $3000 at once I highly recommend Vanguard. __________________ The Baglady @ http://baglady.dreamhosters.com Wise Bread @ http://wisebread.com/xin-lu Following me @XinLuDJ

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02-27-2008, 03:48 PM	#3
khorrell Senior Member Join Date: Jan 2008 Location: near Washington DC Posts: 608 Thanks: 0 Thanked 1 Time in 1 Post Reputation: (84)	If you are eligible to join USAA, I highly recommend them. Fantastic fees, good funds, and outstanding customer service. However, you must be eligible for membership.

02-27-2008, 04:33 PM	#4
rstlne Senior Member Join Date: Jan 2008 Location: New Jersey Posts: 368 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (115)	I have my Roth IRA at Scottrade because they have no-fee IRAs and access to a broad range of investments and because although I use some mutual funds, I do a significant amount of investment research on the side too. However, as you can see from the answers so far, there is no one best place for Roth IRAs. It depends on what you plan to do. For example, I actually would recommend Vanguard for their low expense ratios if you're taking the indexing approach.