You can open an IRA at Schwab Etrade Fideilty etc or any pretty much any bank
Parenthetically, I've been reading up a lot now about financial Independence. The common theme in almost everything I read is to start as early as you can.
I need to open a traditional IRA account ( cuz of tax purposes) Anyone has any experience, where to start, what to look for? Online? In personMy husband n me are both in our mid 50
What’s different than investing in stocks, ETF, or with any broker ?
AP dead or Obi dead?
I’m young.What’s an IRA?
Is there a difference with which online place u open it with?
Whats the advantage of backdoor as opposed to standard ira?
A back door Roth IRA is a way to put money into a Roth when you don't usually qualify. So you do pay tax on the money but when you withdraw you don't have to pay tax
Any disadvantages using the backdoor method? (Is there a penalty for removing the initial deposit?)
The initial deposit is moved from a traditional IRA into a Roth IRA. It stays there until retirement