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Subject:  Where to open my IRA? Date:  6/5/2001  3:22 PM
Author:  SpiderAnt105 Number:  30078 of 88498

I'm ready to start saving money for retirement I'm just not sure where. I've been reading the boards for a while and have looked at TIAA-CREF, is everyone eligible to open an account or do you have to be a teacher?
Vanguard, I want to invest in the 500 index fund but right now I only have $500 to start, they need $1000 to start. Just save another $500 and go there?

I have also looked at some of the discount brokers, Scottrade and Sharebuilder. You can open an IRA with them and with Scottrade you can buy Vanguard funds. I don't plan on trading stocks and not sure of the fees with these places as compared to those mentioned above.

Right now I'm leaning toward saving another $500 and going to Vanguard.

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