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Roth IRA's in and of themselves do not have an interest rate. Think of the Roth as a container in which you can place different types of investments (typically equity or bond funds) and let them grow tax free. You will want to start by choosing a company to open your Roth IRA with and then deciding how much risk you're willing to take on. The recommended risk (and therefore potential reward) is typically a function of how far away from retirement you are.
What else can I help you with?
How is a roth ira interest rate different than other interest rates?
A roth ira interest rate is different than others because the greater your balance means greater interest rate.
What is an online site that gives current ira rates?
An online site that gives current ira rates is www.bankrate.com You can Compare mortgage, refinance, insurance and CD rates and even get helpful hints to correctly recharacterize your Roth to a traditional IRA
What are good interest rates on Roth IRA accounts?
A Roth IRA doesn't necessarily give a set interest amount. "Roth IRA" simply designates that it is a retirement account using after-tax dollars. You can choose to invest in stocks, bonds, or money market as your wish, meaning the return can vary depending on your investment strategy.
How does one find the best Roth IRA rates?
One can find the best Roth IRA rates by checking in the magazine Rates Today. They always have the most updated list of the IRA rates, and is very useful.
What does a roth IRA calculator do?
A Roth IRA calculator will allow you to compare a Roth IRA and a traditional IRA to help you best determine which option you need to be doing to meet your retirement needs.
What are the interest rates used by the IRA?
There are many different interest rates used by the IRA. Most IRA rates are around 2% and can go up to somewhere around 5%. IRA interest rates can always change.
How steep is the roth IRA interest rate?
An IRA interest rate usually depends on what kind you have variable or fixed interest.
I need more information or advice about IRA tax deductible.?
There is no deduction for a Roth IRA. The advantage is given when you take money out of he roth after retirement. No tax is paid on the interest earned on the roth IRA.
What exactly are roth IRA rules?
The IRA rules tell you about what it is, what the rates would be and contribution limits.
Where can one find information on the Roth IRA rates?
On the official websites of the IRA, we can find the rates. which are indeed more precise answers and quotes. about the IRA rates. even google may help you.
Where can I compare Roth IRAs online?
You can compare Roth IRAs online at www.bestrothiraonline.com/. Another good website is www.fool.com/retirement/ira/index.aspx
What are the best savings rates for a ROTH IRA in our present economy?
A roth IRA has the same savings rate no matter where you open it. You can use your current broker on do it online with Etrade.
