A few weeks ago Jeff Rose (@jjeffrose on Twitter) sent out a tweet asking bloggers to join in a new project he had in the works. He wanted to get the word out about investing in Roth IRAs and was hoping to get a few bloggers to join him.
It has ballooned into more than 140 bloggers and a number of large organizations like The Wall Street Journal. I love when the Personal Finance community comes together to do something awesome!
I sent Jeff a tweet and accepted the challenge, even though I know VERY Little about Roth IRAs (I did write an article about it a few months back so I did some research on the topic.). Apparently Jeff that it was pretty awesome that an uneducated girl like myself wanted to make a change and he emailed me to discuss it. Our conversation is part of his blog post on the Roth IRA Movement. (Thanks for including me Jeff!).
I still don’t know what I’m doing.
I’m not sure where to go to set up a Roth IRA. I’m not sure what the minimum is to be deposited or if I have to set it at a certain amount each month. I’m not sure if it is worth it to start now given that I still have debt and only a $1,000 emergency fund. BUT I am ready to find out the facts.
I have a lot of questions, I’m going to check out all the articles listed on The Roth IRA Movement’s Official Post at Good Financial Cents. In the meantime, who out there has some answers for me?
PS: This is going up WAY LATE. I was busy this weekend and out of town until a few hours ago. My mom does not have internet (it’s torture, too!) so I wasn’t online to get blog posts up, nor was I on top of things enough to schedule these posts before hand.
Photo Credit: Alan Cleaver on Flickr
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