Is A Scottrade Roth IRA For You?
Scottrade Roth IRA contributions are made with after tax dollars, and they grow without taxes. You can withdraw contributions to your Scottrade Roth IRA at any time, and they can generally be withdrawn tax free.
If you have been thinking about converting your traditional IRA to a Scottrade Roth IRA, this is a great time to make the change, and start saving for retirement. There are no limits for converting a traditional IRA to a Roth IRA. You have the opportunity for your investments to grow tax free.
For 2010 only, you can defer conversion taxes. 50% of the taxes on the conversion would be due in 2011, and the other 50% due in 2012.
Some of the benefits you will receive from a Scottrade no fee Roth IRA include:
- A wide variety of investment choices.
- Self direction; YOU choose where your money goes.
- Your money will grow tax free.
- No minimum annual contributions.
- No opening, closing, or custodial fees.
Converting to a Scottrade Roth IRA is a simple process. Open a Scottrade IRA online. Complete the direct conversion request form, and return the completed form to a local Scottrade branch office.
Visit Scottrade online to find out if a Roth IRA is for you. The website has an online calculator to help you determine if a Scottrade Roth IRA is right for you.
It is never too early to begin planning for retirement. You want to make sure you have enough money to enjoy the good life. You put in a lot of years working hard, now it is your time to do the things you have only been dreaming of. You have earned it!
A Scottrade Roth IRA is a great choice for anyone who wants enough money for a happy retirement.