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re: I just opened my Vanguard Roth IRA account

Posted on 8/23/17 at 5:08 pm to
Posted by Lazy But Talented
Member since Aug 2011
14474 posts
Posted on 8/23/17 at 5:08 pm to
quote:

I just opened my Vanguard Roth IRA account


Do you know if there is a minimum to open one?

I need to start contributing, but I don't exactly have a ton of money laying around other than my emergency account.
Posted by DirtyMikeandtheBoys
Member since May 2011
19429 posts
Posted on 8/23/17 at 5:35 pm to
No minimum to open the account. I auto drafted $100 into the Roth IRA account upon setup.

But I know I will need to transfer at least $1,000 to buy into a fund. More likely $3,000. After that I will setup an auto draft and auto buy to happen weekly at $105.76 per week so I get to $5,500/year without even looking at it
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