New to Elite Trader - IRA help needed.

i am in the process of starting an IRA and i dont know where the best place to go.

I want to have it directly withdrawn from my account.

 

http://personal.fidelity.com/retirement/?bar=c

 

wow lots of stuff there and i dont know what alot of it means, but i was looking and wanting to put in around $100 a month to start. fidelity says minimum $200. what other options are out there?

 

From a quick Google search.............

http://www.rothira.com/
http://www.nmfn.com/tn/netserv--wealth_building--pg_invserv_iraquestions
http://www.irs.gov/retirement/article/0,,id=111413,00.html

- Spydertrader

 

This may help you save.

 

hahaha yes i know i need to save, but the $100 a month is the best i can do right now. LOL funny pic

 

another question, which would be more benfical.

starting an IRA

or putting more into my works 401K program, they match 70%. i work at SBC

 

Put as much as you possibly can afford to into your 401K!
Make sure you diversify out of the Company Stock as you can with the "matched portion."

Don't be so worried about the IRA if you have a company 401K, until you start making real wood.

 

Absolutely max out your 401k every year, THEN think about putting money in an IRA. That's just like being given free money, don't pass it up.

Don-

 

It's a little scary that you're asking a bunch of day-traders about IRA's and 401-K's :eek: