August 24, 2007, Newsletter Issue #60: Am I Eligible to Establish a Roth IRA?

Tip of the Week

If you pay income tax and are a United States citizen, then you qualify for a Roth IRA. You can only fund your Roth IRA with the following tools:
Your own personal contributions
Your spouse's personal contributions
Transfers
Rollovers

You must go through a financial institution that has bee approved by the IRS to fund a Roth IRA.

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