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Requirements 1. 2. 3. Identify an institution that offers IRA accounts Identify whether the institution offers both kinds of IRAs (Roth and Traditional). List the
Requirements 1. 2. 3. Identify an institution that offers IRA accounts Identify whether the institution offers both kinds of IRAs (Roth and Traditional). List the requirements for opening an account at that institution. a. Minimum dollar requirement to open an account. b. What is the maximum dollar amount you can deposit in your IRA each year? What timeframe constitutes a year for IRA deposit purposes? List any fees or expenses associated with opening and maintaining an IRA account with the institution. Do the requirements to open an account differ for the two kinds of accounts? 4. 5. 6. a. List one-time fees. b. List any ongoing fees
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