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Opening an IRA is as simple as 1,2,3..

When you sit down and figure out that you want to sock more money away, because you’ve maxed out your 401k, you should consider investing in an IRA. Typically, people who are making catch-up contributions choose this option because their company only allows them to reach a certain point, and if you choose to invest more, you need to know where and how. There are numerous places to buy an IRA, and below I will discuss several options.

Vanguard, T. Rowe Price, Fidelity, Edward Jones, A.G. Edwards, USB, are among many large companies that can help you. Not to mention, you can buy either a traditional or roth IRA through your local bank. If you want more information on choosing between the two types of IRAs, this site offers sound advice. Click here for more articles about IRAs.