Thread: How to choose IRA

Todd,

You need to check with a Certified Financial Planner, or sorts. Your question invites an answer that should be given by a licensed professional.

We have to be a little careful on what we say, copywrite, advise, etc. Now of course we all have opinions. But we're not licensed folks!

Regards,...... ........Spaf

Thank you for your caution.
I am just looking for an opinion. I know everyone has one......
Is there a web site that compares IRAs and mutual fund companies etc..?

Any opinion would be taken as that... Opinions

Thanks,

Well generally a Roth is tax paid, a traditional is tax deferred. Everyone and their brother seems to have IRAs. I would suggest getting information from several reputable companies, on this we can talk, a little. Call the companies first so that they have a handle about the financial position of the individual. This is most important, and where the financial advice comes in. Then they can send you some rollover and reinvestment literature with their advice and possible options. You can make some choices and call them back, to get the ball rolling.

I have had contacts with Vanguard and USAA. No endorsement is otherwise implied.

Probably some of the other members know of other reputable companies you can contact, name only.

I think it's a poor choice to go with funds having loads, commissions or high expense ratios.

Please be extremely careful on what is said on any www site, and don't give out any confidential information, unless you confirm who you are talking to, and that it is secure.

Rgds..............Spaf

Does any one have info on a index fund that is like the G fund if I do transfer some of my money inot an IRA . I am retired and was thinking of putting 50 % into an IRA like TD Americatrade or Scott.