Roth IRA Setup in 5 Minutes

Share This Post

Roth IRA Setup in 5 Minutes

Setting up your Roth IRA is super easy. You can complete the online application at any custodian:

The Problem

While it is super easy to set up your Roth IRA, you will still need to decide how to invest the funds that you put into your new account. If you’re just getting started with your Roth IRA, it might make sense to work with a Financial Advisor. Yes, you will pay an advisory fee for the services you receive from the Financial Advisory firm, but if your account is small, the fee will likely be very small. So, most Financial Advisors would prefer that you do it yourself.

At BayRock, we’ve made it easy for new clients to set up and fund their Roth IRA using Schwab’s Intelligent Portfolio Management.

Here are the instructions for setting up your new Roth IRA with BayRock Financial at Charles Schwab in 5 Minutes or so…

BayRock New Account Set Up Link

You’ll need this Program Key: XZY1 I set up a Roth IRA for mysel using my iPad, and it took less than 5 minutes to complete the entire process. Here’s the blog post and YouTube Video Tutorial I made to Open Your Roth IRA in under 5 Minutes:

This link will take you to the Charles Schwab Get Started page. (It will also point you to the App Store if you’d prefer to use a mobile app.)

If you get stuck, feel free to call me on me at 832-895-1700 or send an email to [email protected].

Once you’re done setting up your new account, you can either send a check directly to Charles Schwab or have the funds transferred from your bank, brokerage account, or custodian.

I’ll help you get your account funded AFTER YOU GET YOUR NEW ACCOUNT SET UP.

Just start with this link and be sure to use Program Code XZY1

Please let me know once you have your new account number(s).

Thanks for your trust – and your business.

Jim

Missional Money Podcast Sponsored by BayRock

BayRock News and Articles

BayRock Advantage

BayRock Advantage Explore the full range of benefits and opportunities that come with merging with BayRock

Jim Munchbach July 5, 2024

Onboarding

Client Onboarding Email

At BayRock, the Financial Planning process begins with a detailed Gap Analysis to pinpoint any gaps in your financial situation. Advisor Coordination is another crucial element.

Jim Munchbach June 7, 2024

Podcast

Succession Planning for Business Owners

Succession planning for business owners is a critical process that impacts both the business owner and their customers. In this video series, we’ll focus on how every Financial Advisor needs a Succession Plan for the benefit of Investors.

Jim Munchbach May 29, 2024

IMPORTANT DISCLOSURE:

Investment Advice and Financial Planning are offered through BayRock Financial, L.L.C., a Registered Investment Advisor. BayRock does not provide tax or legal advice. The information presented here is not specific to any individual’s personal financial circumstances. To the extent that this material concerns tax matters or legal issues, it is not intended to be used, and cannot be used, by any investor or taxpayer for the purpose of avoiding penalties that may be imposed by law. Each investor should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes only. This content is based on publicly available information from sources believed to be reliable. BayRock Financial, L.L.C. cannot assure the accuracy or completeness of these materials and this information can change at any time and without notice. Use this material only as general guide to further discussion with your Certified Financial Planner™ professional and/or other Financial Advisor(s).