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Progress on Vanguard Roth IRAs

August 24th, 2006 at 05:02 am

I finally went to the bank and asked about how to withdraw my matured Roth IRA and move it into Vanguard. I won't break any account minimums, apparently, so yay!

I also called Vanguard, and opened a Roth IRA account there. Right now, the money is earmarked for the Target Retirement 2050 Fund, but I might change it.

Tomorrow, I'm getting the check for the Roth IRA from the bank, and I will have to go to the post office to mail it to Vanguard.

If the post office loses this check, there will be hell to pay. Angry Smiley 005

I also did some minor grocery shopping today, at the HK grocery.

- 2 boxes of tofu: $1.15/each
- 1 dozen eggs: $0.99
- mushrooms (at $1.89??): $1.27
- total: $4.56

All in all, not a bad day. I still have so much more to do, though. I'll feel much better once everything gets set up and settled down.

5 Responses to “Progress on Vanguard Roth IRAs”

  1. baselle Says:

    Psst: Certified mail if you have to mail it. Then someone has to sign for it.

    I seem to remember that you can set up electronic deposits with Vanguard on the Vanguard website.

  2. Broken Arrow Says:

    Congrats on opening your Vanguard Roth IRA! Smile

  3. pjmama Says:

    I study communications... Bio is something that I'm taking for fun. hahaha. It's definitely an expensive elective credit though! Sheesh!

  4. LuxLiving Says:

    Hi Mimi - can you explain how your Roth IRA matures??

  5. amberfocus Says:

    baselle: Yes, certified mail is a fabulous idea. I'll definitely do that (I'm so wired that I know nothing about the snail mail system). I have to send a check this first time because I had to pull the funds in a jiffy out before the Roth rolls over, but the rest of my deposits will be online.

    Broken Arrow: Thanks! Smile I'll be so happy once the check is sent and credited. This WILL happen next week, I am PROMSING myself!!

    LuxLiving: It's in a fixed term CD, earning a set interest rate. The rate is abysmal, hence I'm pulling them out. I can't retire off of an IRA that's barely keeping up with inflation!

    ~mimi

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