The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Starting a Roth IRA Date:  2/1/2006  5:22 PM
Author:  Watty56 Number:  49628 of 88775

If you are able and eligible you could make your 2005 and 2006 contributions now to get above the $5,000 threshold.

One thing to remember is if you do go with someone else with the idea of eventually transferring it to Vanguard, the original IRA custodian will charge you a fee to close and transfer your account that will probably be more than the annual low balance fee would be for a year or two.


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