Savings
Hello,
I like to know if should get an IRA or Roth account. I been retired 10 years & neither was offered by employer. Also do not have a 401 plan. I been trying to save as much as possible. Also get social security. Please advise. Thanks!
Terry Says
Sorry, but if you are not working and don’t have earned income, you cannot open any time of retirement plan. I suggest you open a money market deposit account at your bank, and hope it is paying at least 3% interest.
