Question by Scott: Is it safe to open a roth IRA with Vanguard online?
I would like to open a roth IRA with Vanguard and I don’t believe that they have any offices in Pittsburgh, PA. I noticed on their web-stie that you can do it easily online but it requires a lot of sensitive information such as account and routing numbers to get money (I am planning on doing max $ 5000) transferred/invested. Can someone assure me that this is normal and safe and that I can set it up online.

Much appreciated!

Best answer:

Answer by Joe
In general it is safe to do this online. You might possibly have a problem if you have a key-logging virus on your computer. If you don’t want to do it online, you can download forms from their website, and mail them in.

Add your own answer in the comments!

Before you dems get too riled up, consider: FDR confiscated gold during the depression. He paid people with US dollars, which he promptly devalued:

http://www.fgmr.com/confiscation.htm

Facing a worsening liquidity crisis, do you worry that Obama would confiscate our retirement accounts, giving us a devalued promissory note in return?

I would like to open a roth IRA with Vanguard and I don’t believe that they have any offices in Pittsburgh, PA. I noticed on their web-stie that you can do it easily online but it requires a lot of sensitive information such as account and routing numbers to get money (I am planning on doing max $5000) transferred/invested. Can someone assure me that this is normal and safe and that I can set it up online.

Much appreciated!

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