Originally Posted by Slow Motion
lol.. you dont have to be rich to have knowledge. Hes asking about small traditional savings account.
Shit, if you are rich.. You can't get roth ira account anyways...
They might not even know what a roth is.![]()
BTW, you can also, look into CD's.. but, the rates that some of the online banks are paying are right up there with some CD's and you access to your $$ anytime unlike CDs.
If you are looking for future savings/retirement... you can look into having a Roth or 401K... Both are great.. Im more of a fan of the 401k anyways.. but both are great..
Roth Ira have some restriction, do more research on it though.
![]()