Individual Retirement Accounts (IRAs) If you are self-employed or your employer does not offer a tax-advantaged plan, start here. Learn more about individual retirement accounts. Roth IRA If you fall within the income limits for Roth IRA contributions, invest in this account up to the maximum allowed first. Contributions are after-tax but grow tax-free. Learn how to invest in a […]
Key Points Keep in mind the following: Types of IRAs We'll limit our discussion to traditional and Roth IRAs here since these are two of the most common account types. Roth IRAs The gold standard of personal finance recommendations, Roth IRAs allow contributions using after-tax dollars and grow 100% tax-free thereafter. However, they are subject […]
Key points How to buy index funds Every brokerage firm offers a similar process to buy index funds. In the Vanguard portal, find the top navigation bar. Then follow the steps below. See the image carousel at the bottom of the page for screenshots of each step. To buy an ETF To invest in a […]