Opening a Roth IRA is hands-down the smartest financial decision a person can make in their 20's. However, the question of how to open a Roth IRA stops many investors in their tracks. By the end of this Fidelity Roth IRA tutorial, you'll have a step-by-step blueprint for exactly how to open a Roth IRA account!
Add me on Instagram! - AppleCriderOfficial
By opening a Roth IRA at a young age, you can set yourself up for long-term financial success. That's because of the numerous tax advantages that Roth IRAs offer to investors. If you play your cards right, opening a Roth IRA could allow you to pay no taxes on your investments!
But when it comes to how to open a Roth IRA, there are a ton of Roth IRA providers out there to choose from. It's important to think carefully about this choice because not all Roth IRAs are created equal! Some Roth IRA providers will have strict fees and minimums that will eat away at your retirement account. Other IRAs will force you to mail them a check just to make a deposit!
Personally, I opened my Roth IRA with Fidelity because they offer a Roth IRA with no fees or minimums and provide the greatest investment selection out there. In this video, I'll be walking you through exactly how to open a Roth IRA with Fidelity.
Opening a Fidelity Roth IRA is a painless process that takes under 5 minutes and will get you up and running with a retirement account quickly. Compared to many of the other Roth IRA providers out there, Fidelity Roth IRAs come out on top due to the longevity of Fidelity and their history of providing low-cost options for investors.
Feel free to drop a comment with any questions about how to open a Roth IRA that I missed and I'd be happy to help out!
Roth IRA Explained - https://youtu.be/Htc9Sk-XXGk
Roth IRA vs. Traditional IRA - https://youtu.be/gcekCrBAQaI
TIMESTAMPS
00:00 - Intro
00:46 - What is a Roth IRA?
02:32 - What should I look for in a Roth IRA provider?
04:38 - Who are my Roth IRA provider options?
07:31 - How To Open a Roth IRA Step-By-Step With Fidelity
09:27 - Final Thoughts
Popular Podcasts
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.