Roth IRA??

[blana]

We've got ours through Vanguard. Check on Clark Howard's site & you'll find some of the best for your money.

 

[AllesonWonderland]

We have one through Etrade and just did this year's with Wells Fargo because we have other accounts there so they waive the fees/minimums etc. Good luck to you!

 

[Mom2JPL]

We have our Roth through Edward Jones. Fees are low - $40/year; you can start with as little as $250 (I think). Their offices are small (one person, one assistant) so they really give you personalized attention. There website is their name, .com, and you'll be able to find a local office through them. They use great funds (American, Franklin) and will also look over your 401k to make sure your investment choices are the best (if you like). Hope this helps!

 

[Rigel Kent]

well so far I have looked at both and it seems like vanguard is out. I do not have $3000 to open one with.

The Vanguard STAR fund only requires a $1000 minimum. Once you have grown it to $3000, you can switch it to a Target Retirement Fund. Just set up automatic contributions, then forget about it.

 

[PatsMom]

Vanguard has low costs and their funds have very favorable expense ratios. I'd recommend avoiding any funds that charge sales loads. American Funds has some good offerings, but they are actively managed and the A shares will set you back 5% on the sales charge. And the expense ratios on the other share classes are obscene. Edward Jones typically recommends loaded funds as well. Check out E-Trade, TD Ameritrade, and Charles Schwab. I deal with the institutional divisions so I'm not up to speed on the retail offerings but I believe that Schwab and TDA have low or non-existent annual maintenance fees even for small accounts. Fees are very important when you are considering a small account. A $50 annual maintenance fee on a $4,000 account amounts to 1.3% of the account value. Another advantage to the fund supermarkets like Schwab, TD Ameritrade and Fidelity is that you have a very wide choice of no load mutual funds.