Finally Found a New Roth IRA

The last couple of months, I haven’t been making any contributions (I know, shame on me) to our Roth IRA, because it SUCKED! So I was putting it off until I found a better one with more growth opportunities—the other one was too safe=low growth. I swear it was just like a savings account.

Anyways, I was doing fabulously with avoiding my new search; I’m a procrastination pro. Finally yesterday, I opened up a new Roth IRA over at ShareBuilder, and funded it with 50 bucks. Now I have one less excuse for not making contributions to our Roth IRA. :-)

Now all I have to do is finally change my last name on my ING Direct account to match my new last name. I got married almost 2 years ago, yet I still have this and 3 more accounts to update. Told you I was a pro. Then after my last name is updated, I can close out/transfer the 40-some bucks in my lame-a$$ Roth IRA over to my new happy one at ShareBuilder. :-)

A couple things I liked about ShareBuilder:

  • No inactivity fees
  • No account minimum
  • Fund it at your own pace (which is perfect when you don’t have much money)
  • You can easily transfer money from your ING Direct accounts

 

Do you make regular contributions to an IRA?
Do you even have one yet?

About Jen Perkins

Likes: saving money, being debt free (aside from our house), zombies, travel, getting money, blogging and dogs. Dislikes: debt, being broke, bunnies, wasting money, not having enough money to travel the world and paying interest. Facebook  ♥  Twitter  ♥  Google+  ♥  RSS

Comments

Finally Found a New Roth IRA — 4 Comments

  1. Funny you should post about this-I literally just opened one the other day with Vanguard! I was a bit scared to get into the “market,” but I put my big boy pants on and made the right choice!

    • @Nick- Great job! Did you end up going for a Roth too, or a just a traditional IRA? I wish we would have opened one up when I was like 21 or 22 (now I’m 29), it would’ve been awesome come retirement time—according to all those calculators.

  2. I went with the Roth. I would have opened one then too (I’m 25) but I just didn’t have the money. Plus, those calculators are best case scenario…life happens in between.

    • @Nick- Yeah, I know what you’re saying; we still wouldn’t have the money now either if I wouldn’t have started paying attentions to our $. Back in my early 20’s, there were so many other things to spend money on & honestly, retirement never even popped into my head back then.