Roth IRA First Time
I am wanting to open a Roth IRA and have many questions.
This has probably been asked a 1000 times but maybe we can start this again to help us that know nothing.
1. What are the pros and cons of using a broker?
2. Do brokers charge a monthly or yearly base rate? I know some charge for changes made etc.
3. What to look out for when choosing a broker.
4. Do I have to sign a yearly or monthly contract with a broker?
5. Can I move my money from one broker to another at anytime?
Any help or advice would really help. I am hoping to avoid any rookie mistakes.