So I'm currently investing on Robinhood. I currently have a Little Under Two Thousand Dollars Invested in ETFs. Now, should I put them into a Roth IRA for Tax purposes? Or should I stay on Robinhood for now? I want to build up my Portfolio, but the Withdrawal Penalty scares me because what if I needed the money for an Emergency?
At which point of Money Invested should I transfer to a Roth IRA? Could someone help me out.
How will this affect me Tax wise? I've Only done One Tax Year, my First, so I don't know much about Taxes. If someone could give me examples and clarify, that would be great. Thank you for your time.
Submitted April 04, 2019 at 12:22AM by iFailedPreK https://ift.tt/2UcIihP