How To Find The Best Roth IRA Investments?
However, not everyone is eligible to open Roth IRA. There is a ceiling in place on the amount a person can contribute in relation to their income of the account holder that regulates its availability. According to Roth IRA rules, individuals who are earning below $114,000 and couples who are earning below $166,000 can open a Roth IRA account. These figures are reviewed every year. There is also a ceiling on the annual contribution to the Roth IRA account. It is $4000 for individuals below 50 years of age and $5000 for those above it. These annual contributions provide wealth building through investments. A Roth IRA account is operated by any authorized commercial bank, mutual fund company or a brokerage firm. These financial institutions have different investment options available to the investor. It is advisable to exercise a bit of caution in the selection of investment plans which are offered to you. These days one of the best Roth IRA investments strategies is in the real estate se
