Check that you have earned income and meet Roth IRA income eligibility rules
Choose a financial institution or brokerage that offers Roth IRAs
Compare fees, investment options, account minimums, and customer support
Gather your personal information, including Social Security number, address, employment details, and bank account information
Complete the Roth IRA application online, by phone, or in person
Designate the account as a Roth IRA during the application
Link your bank account for contributions
Make your initial contribution within the annual contribution limit
Choose your investments for the account
Set up automatic contributions if desired
Review the account annually to stay within contribution and income limits