2007-02-12 15:07:30 · 4 answers · asked by unique 1 in Business & Finance ➔ Investing
How much money do you have to put in a Roth IRA? You should read the prospectus of the mutual fund. Usually its between $25/month to $50/month per mutual fund. If you don't choose to invest systematically, then you need to put in a minimum deposit, which is between $200-$500 per mutual fund. All these details can be obtain on Yahoo! Finance by typing in the symbol of that mutual fund or obtaining a prospectus.
How often can you deposit money into the Roth IRA? As often as you wish, up to $4000/year if you are age 49 and below. If you are 50 and above, you can put in $5000/year.
2007-02-12 16:30:31 · answer #1 · answered by Anonymous · 6⤊ 0⤋
call your financial corporation. they grant CD's and would do the circulate for you. Lengths of time selection, yet often 6, 12, and 60 month words are primary. costs of activity are low appropriate now. Your financial corporation delivers you the main cutting-edge costs.
2016-11-03 07:33:53 · answer #2 · answered by gripp 4 · 0⤊ 0⤋
Currently, you can contribute up to $4,000 per year, broken out any way you wish.
($5,000 if you're over 50.)
2007-02-12 16:10:15 · answer #3 · answered by Rob D 5 · 0⤊ 1⤋
If you can do $100 a month you're pretty good.
2007-02-12 15:09:49 · answer #4 · answered by MetalHeart 4 · 1⤊ 0⤋