Comments on: Vanguard Roth IRA Account Opening Process

By: Austin

Austin — Thu, 01 Jan 1970 00:00:00 +0000

Hey Phil –

I’m helping my girlfriend open up her Roth through Vanguard, do you know how quickly you can transfer from the Prime Money Market to another fund?

We’re not sure where she wants to put her money long term, but I was just wondering if she could quickly sell her money market during a crashed market to buy another fund when it’s down.

Let me know if this doesn’t make sense. Thanks for the great info.

- Austin @ Foreigner’s Finances

By: MK

MK — Thu, 01 Jan 1970 00:00:00 +0000

This is very helpful for me and great information to know! I’ve actually got a 401k that I need to roll over, and I’ve heard great things about Vanguard. Now it’s time for me to get on it!

By: Susan Arnold

Susan Arnold — Thu, 01 Jan 1970 00:00:00 +0000

This is a good introduction to opening Roth IRA, but if you want a more in-depth information about Roth IRA, basic do’s and dont’s, what to stay away from, investment options, you can read up here:

http://www.rothirarules.net/open-a-roth-ira.htm

they have some really good and up-to-date information.

Good Luck!

By: Jason Unger

Jason Unger — Thu, 01 Jan 1970 00:00:00 +0000

Nice walkthrough. I opened up our Roth IRAs with Vanguard a couple of years back, and the process was pretty straightforward.

We had an issue because we were transferring money from a different brokerage house, so we needed some additional paperwork, but once the money was in Vanguard, we were good to go.

Speaking of, it’s the time of the year that I re-allocate our investments. I should probably get on that.