"It actually is paired very well for children earning income for the first time during the summer," Kelly Lannan, senior vice president of emerging customers at Fidelity Investments, said of Roth IRA accounts. Fidelity typically sees a roughly 30% increase in openings of Fidelity Rot...
The account is basically the same ‘Fidelity Account’ available to consumers. You can trade stocks, mutual funds, bonds, and all that fun stuff, although I don’t plan to. There is no annual fee, and I can put cash in one of their numerous money market funds. Their Fidelity Cash rese...
Last week, I opened a new Vanguard Brokerage Services account in my existing Roth IRA, which previously only held Vanguard mutual funds. The process was straightforward and much like opening any other brokerage account, except that most of my personal information was already filled in. From theVa...
If you choose a credit union, you’ll have to become a member first.Credit unions, the not-for-profit equivalent of banks, require membership to open an account. To be eligible for membership, you might have to live in a specific geographic area, have a certain employer or make a small...
Here’s a quick list of CD rates at traditional and online banks and a brokerage: Ally Bank CD rates. Bank of America CD rates. Capital One CD rates. Chase CD rates. Discover Bank CD rates. Fidelity CD rates. Marcus CD rates.