Linah Posted May 12, 2020 Share Posted May 12, 2020 Hello, I need some advice on ETFs. I would like to understand if it's possible to infuse ETFs in my retirement account. And if yes, how is it possible. Is it possible to use ETFs to create a firm portfolio? Advise me accordingly, please. 1 Quote Link to comment Share on other sites More sharing options...
0 Simon Posted May 12, 2020 Share Posted May 12, 2020 Hello Linah, Retirement savings account, also known as Roth IRA, usually allows your savings to accumulate without being taxed. The money you finance your Roth with is usually already taxed. This money will fill out, and at the point of withdrawal, you are not obliged to pay any taxes for it. So the answer is yes. You can invest ETFs in your Roth IRA. The good thing in investing ETFs in your Roth IRA is because ETFs here are low-priced, and it is always a constructive way to invest while retiring. ETFs are an excellent way to put up a firm portfolio as they offer entrance to specified zones of the market. Their fees are also affordable compared to other long-established mutual funds. ETFs are also broad-ranging. However, due to financing moderation, coming up with leverage in a Roth IRA is practically impossible. Good luck! Quote Link to comment Share on other sites More sharing options...
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Linah
Hello, I need some advice on ETFs. I would like to understand if it's possible to infuse ETFs in my retirement account. And if yes, how is it possible. Is it possible to use ETFs to create a firm portfolio? Advise me accordingly, please.
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