ING Direct ROTH IRA?
Good or bad? Looking to add another retirement vehicle to the one I have at work. Is ING Direct's Roth reputable?
Public Comments
- A ROTH IRA is simply a type of account. The deciding factors on where you open it should b e fees and service. The important consideration would be the investment options that you decide on once you have opened the account. The main selling point to ING is their high fixed account. If this is retirement money you should probably be focused on the funds available, commissions charges, and the advice that they offer.
- You do not open IRAs at banks or other places that can only offer fixed income such as cds. Horrible - beyond bad. After inflation & the taxes you payed on the income generated that you put in the Roth you lose purchasing power in banks - guaranteed. ING is reputable but that does not matter. If can't put equities into the IRA then don't open 1 there. Schwab.com Td Ameritarde somewhere sensible.
