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Roth it is.

March 19th, 2007 at 09:38 pm

Well I've decided to open up a roth ira with the extra money we had in our checking account thanks to our tax refund. As tempting as it was to add to our savings account, it seemed like the roth would benefit us most over the long term. Thanks for all your input in my previous entry when I asked what you guys thought about opening the roth ira!

We opened the account with Vangaurd. I've heard good things about them, so we'll see. Smile

5 Responses to “Roth it is.”

  1. homebody Says:

    Good for you! I did call my son-in-law and I am supposed to be hunting for one that they can start with $500.00 each. What was the minimum at Vanguard?

  2. Ima saver Says:

    I think you did the right thing. The minimum at Vanguard is $3000.

  3. kv968 Says:

    The minimum for their STAR Fund is $1000.

  4. PauletteGoddard Says:

    Good for you for opening a Roth. May Vanguard treat you well.

  5. armyamy Says:

    Thanks guys.

    Yup the Star fund is min. $1,000...We did one of their target date retirement funds, it's minimun is $3000.

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