Hey guys,
Just had a quick question regarding Roth IRA’s. So I’ve heard that Charles Schwab is a good place to start a Roth IRA, as well as Fidelity, but I wanted to see how Navy Federal compared to them.
I plan to open an account with Navy Fed, credit card wise, due to the benefits and because I need to build up my credit, but would also opening a Roth IRA there be a good idea as well, especially to centralize everything or is Charles Schwab the way to go?
Thanks for your help!
Posted by Asylum36
2 Comments
Never hurts to have accounts in different brokerages. A lot of people have separate brokerages for checking, savings, and investment account. That being said, use navy fed for your banking needs but keep your investments and what not elsewhere
IRAs with banks are generally terrible.
Vanguard, Schwab, or Fidelity. Vanguard has the lowest expenses, but a clunky interface.
Also, Navy Fed is a mid-tier bank. If I were to open an account today for checking, HYSA, and credit card, I’d do it with Capital One.