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re: Opening Roth IRA

Posted on 12/18/18 at 12:36 pm to
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7543 posts
Posted on 12/18/18 at 12:36 pm to
quote:

I just don't think a Roth is the most practical option at this point. He could very well need to dip into some of that money pretty soon.

He can fund a money market account in the Roth, avoid any potential gains, and still remain liquid. The online savings account will provide taxable gains at no discernible increase in liquidity.
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