Bonds Ira

I have over 20 savings bonds that were now worth $ 2,000, I wonder where I should put that money. Would opening a Roth IRA a good idea. I do not need the money for another 15 years.

Well, it depends on your age, because you can not withdraw the benefit of Roth IRA until you're 59 1 / 2, and you must have owned at least 5 years of assessment.

If you're about 44, then this would be something to think about.


If you're not, you can take that money and buy shares of a mutual fund vacuum with a brokerage such as T. Rowe Price. Make sure you have an emergency fund before investing.