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I have, for the very first time, read the info here re: Roth IRAs. Im convinced I need to open one. My bonehead question is... how do these make money??? Is each Roth IRA the same? Or, do I have to select a type of Roth IRA and know how it makes money?
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Greetings, Ranboze, and welcome. You wrote:

<<I have, for the very first time, read the info here re: Roth IRAs. Im convinced I need to open one. My bonehead question is... how do these make money??? Is each Roth IRA the same? Or, do I have to select a type of Roth IRA and know how it makes money? >>

Any IRA, be it a Roth or a traditional IRA, is not the investment. Think of it as the grocery bag that holds your shopping selections. The growth within an IRA depends on what you choose as the investment, just as how full your grocery bag becomes depends on what you put inside of it. Thus, how large it becomes depends on what you select.

Regards..Pixy
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