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One can open up a Roth IRA at most banks and financial institutions either in branch or online. One can do this with the 'Bank of America' for example.

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Q: How would one go about opening up a Roth IRA?
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Could someone tell me how to open a Roth IRA?

I do know that you can go to a local bank or your own bank and speak with there representative's about Roth IRA'S and basic IRA's. They can help you through everything of opening one, also you can do research about Roth IRA's online I found this website wich at the bottom you can click on how to open a Roth IRA, the website is www.yourrothiraguide.com/ I hope this help's and good luck with the IRA.


Where can one use Roth IRA calculators for free?

A Roth IRA calculator is used to calculate the total value of one's Roth IRA. Free Roth IRA calculators are offered by the websites Bankrate, Roth IRA, Money Chimp and Calculator Pro.


Where online can one learn about Roth IRA funds?

One can find information about Roth IRA funds at the official Roth IRA website. On the website one can find a complete Roth IRA guide, FAQs and many other helpful information.


What are ROTH IRA taxes and how can I apply ?

A Roth IRA allows you to make deductions that are tax free. I would speak to an investment agent to apply for a Roth IRA, as well as receive more detailed information about the benefits of having one.


How would one go about comparing traditional ira to Roth IRA?

One could compare traditional IRA to Roth IRA by using the 'Fidelity' website. They have a comparison article between the two including factors such as tax benefits and eligibility.


Where can one find the information about 'Roth IRA Distributions' online?

Information pertaining to Roth IRA distributions can be found online at the Investopedia and the Roth IRA website. Both websites provide valid information pertaining to his or her Roth IRA Distributions.


How can one open a no fee Roth IRA?

Opening a no-fee Roth IRA is a very lengthy but easy process. The most time consuming is to find a financial institution to that offer no-fee IRAs. Upon finding one though, all one must do is fill out an application.


What are the properties of Roth IRA education?

Although classes about Roth IRAs will be slightly different depending on which one one chooses, there will be many common properties between them all. Education about a Roth IRA will include information about what a Roth IRA is, how it differs from a traditional IRA, investment strategies, allowed withdrawals from the IRA, and tax implications.


How does one open a Roth IRA with Ameritrade?

To open a ROTH IRA with Ameritrade, one should visit their official website, which provides a wealth of information regarding IRA in general, the differences between traditional and Roth IRA, as well as the ability to open an account with them.


Where can one inquire about the Roth IRA income limits?

Information about Roth IRA income limits is available on a number of websites, some examples include Moneychimp, Wikipedia, and the Roth IRA website.


I am 64 years of age. My Roth IRA is about to reach its 5-year holding period on 2010. Will opening a new Roth IRA account be subject to another 5-year holding period?

Yes, opening a new Roth IRA will subject that account to its own 5-year holding period, regardless of the age of the individual. Each Roth IRA account has its own separate 5-year period for qualified distributions.


How is the 401k different from the Roth ira?

There is one main difference between a 401k and a Roth IRA. The maximum contribution limit for a 401k is about three times that of an IRA.