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One more caution on funding a Roth IRA......

You say you have a family, but it's not clear what status you are using to file taxes.

If you are MFS and make more than $10k, you are over the limit for funding a Roth IRA.

If you are MFJ, since you are covered by a an employer retirement plan, you need to take your joint MAGI into account when determining how much (if any) you are allowed to contribute to a Roth. If you are filing HOH or Single, there are also limits, but they are based on your individual income. If you exceed the limit for contributing or for contributing fully, there may be a way around this restriction, but you'd need to provide more information about your situation. If you don't feel comfortable doing that on a public message board, then you should consult a tax professional before making any Roth contribution. As a start, I would suggest reading IRS pub 590 paying close attention to the limits on funding a Roth.

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