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I am 28 years old, single, and want to start a roth IRA. I do not make that much money. I want to know what the least amount of money I have to have to start a roth IRA. ?
Wiki User
∙ 13y ago
The minimum amount needed to set up a Roth IRA will depend upon the investment you choose. Many mutual funds have low minimums as little as $250 to open an account. Some funds will even waive the minimum initial investment if you commit to invest $50 a month until you reach the minimum. Check with the investment company, bank or brokerage firm you're considering and ask them what their Roth IRA minimum is.
Wiki User
∙ 13y ago
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