HOW YOU CAN FUND A ROTH IRA
Learn even more about this topic with the Encyclopedia of Personal Finance™
An important part of establishing an IRA is having a custodian for the account. The custodian holds the funds that you contribute.
This is true for any funding vehicle. This fact is especially important to note in the case of coin IRAs. The individual does not hold the coins, but the custodian does. The following investments may fund Roth IRAs:
? Mutual funds
? Zero coupon bonds
? Certificates of deposit
? Common stocks
? Savings accounts
? Unit investment trusts
? Platinum, gold and silver coins
? Individual retirement annuities
? Money market deposit accounts
Roth IRAs may not be put into the following investments:
? Cash value life insurance
Next, read about how (and how much) you may contribute to your Roth IRA.