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Learn how to buy ETFs in your Roth IRA with this simple, beginner-friendly walkthrough. This is on the Fidelity app since that’s who I use, BUT you can use similar steps no matter where you have your account. 👏🏼 Education only. The ETF used in this video is an example and not a recommendation to purchase that security. Investing is subject to risk including risk of loss. Keywords: Fidelity Roth IRA tutorial, how to buy an ETF on Fidelity, Fidelity Roth IRA step-by-step, beginner investing tuto
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How A Back Door Roth IRA Works in 4 Steps: If you’re a high income earner, you can still contribute to a Roth IRA to take advantage of the after-tax benefits. But you have to do what’s called a back door Roth IRA. Here’s how to do it: Step 1: Open or have an existing traditional IRA with a brokerage like Fidelity, Vanguard or Charles Schwab. Step 2: Transfer after-tax money into this account as cash (do not invest it yet!) Step 3: Take the money in the traditional IRA and move it into a Roth IRA
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