2025 UPDATED! Roth IRA at Charles Schwab: Tutorial On How To Open, Contribute & Invest

Video Description

Our Roth IRA is our our #1 wealth-building account - this step-by-step video covers how to open, contribute to, and invest in a Roth IRA at Charles Schwab, completely updated for 2025. Getting started investing can seem complex, but Roth IRAs are a great option for beginners (trust me - we know!). Roth IRAs are available to nearly everyone with earned income below a certain threshold and allow you to grow and invest your money completely tax-free. Don't just open a Roth IRA though, you also need to invest it if you want it to grow for retirement. Roth IRAs are also an amazing wealth-building account because unlike any other retirement account, the IRS allows you to withdraw your original contributions (not the gains) at any time, at any age, penalty free and tax-free. Roth IRAs have some limitations like maximum annual contribution limits and a 10% early withdrawal penalty (for the gains) if you withdraw before age 59.5. Watch on for more! 👉 8 "Golden" Money Rules That Can Make You Rich: https://youtu.be/nnn5MjKcS4E 👉 How To Become A Millionaire With Compound Interest (vs Simple Interest): https://youtu.be/CKP8Jt-KhMk 👉 How To A Roth IRA With Fidelity: https://youtu.be/WuH9RTHKV-4 👉 This Is Wealthy (Where Are You) | Top 1%, 5%, 10% & 25% Income & Net Worth By State (2025) | What Is Rich In America: https://youtu.be/0BMcpIPIBus 👉 Is Your Income Better Than Others? | Average Income By Age In America 2025: https://youtu.be/Wwqz7rNSFF4 #financialliteracy101 #caitlinlammer #evalammer DISCLAIMER: Your financial journey is personal & unique to you. Everyone’s individual situation, goals & expectations are different. Neither Your Financial Journey (“YFJ”), our website, our YouTube channel, our other social media channels, nor this content & information (the “Service”) are intended to provide financial, legal, tax or other advice. No financial decisions should be made solely based on the Service, and YFJ cannot accept any liability for your decisions. The Service is provided for general informational, educational & entertainment purposes only & is not intended to be a substitute for advice from a professional financial, investment, legal, tax or other adviser or qualified expert. All opinions & forward-looking statements of the Service expressed herein are as of the date of publication & subject to correction & change. All information provided in our Service is true & accurate as of the date of publishing to the best of our knowledge. However, we cannot guarantee accuracy & it is your responsibility to verify all information yourself. Any information presented by the Service is not an offer to buy or sell, nor a solicitation to buy or sell any securities or products mentioned. Different investments have varying degrees of risk & there is no assurance that they will be suitable for your portfolio. Past performance is not indicative of future results. Always consult a qualified financial, legal, or tax professional regarding your specific situation. Links, references or recommendations to external websites, videos, forums or any other third-party product & service, both online & offline, are provided solely for your convenience. We do not control these third party offerings and cannot accept any liability for them. Usage of any of our Services including videos, websites, courses & forums constitutes an explicit understanding & acceptance of the terms of this disclaimer as well as of our Terms of Service, our Privacy Policy & all applicable YFJ Disclaimers in their respective current forms.