Confirm you’re eligible to contribute to a Roth IRA based on your income limits and filing status
Choose where to open your Roth IRA (brokerage firm, bank, or robo-advisor)
Gather required information (name, address, Social Security number, date of birth, employment info if needed)
Decide how you want to fund the account (bank transfer, ACH, check, rollover if eligible)
Open the Roth IRA online or by completing the account application with the provider
Select beneficiary(ies) for the Roth IRA
Choose your investments (or set a target-date/managed option)
Make your first contribution for the tax year you intend to contribute
Verify your contribution has been coded as a Roth IRA contribution by the provider
Keep records of contribution dates and amounts
Review your investments periodically and adjust if needed
Consider setting up recurring contributions if you want to contribute regularly