The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Roth IRA deposits Date:  11/13/2003  2:59 PM
Author:  meowmixx Number:  37800 of 87987

I'm 28 and have recently opened a Roth IRA (since my work doesn't offer me a 401K until I work here for a year). I'm planning to make a monthly deposit of at least $100 into the IRA every month when I get paid so I make sure I don't spend it.

My question: is there any benefits to waiting to amass more money before making a deposit? (Say making a bigger deposit of $300 every three months?)

I'm new here- sorry if this is a really stupid question!

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us