$50 Bonus on a ING Direct IRA Account

ING Direct is offering a $50 sign up bonus when you open an IRA (Roth or Traditional) savings or CD account and deposit $200 by February 7th.

Not sure how great an idea it is to invest your IRA contributions into a savings account for the long term, but getting a 25% return (via the bonus) in 2011 is enticing. You can always rollover your assets to another IRA account in the future.

If you are already an ING account owner it is very easy to open your account. We opened one for my wife in less than 5 minutes and funded it through her existing ING Savings Account. Also there are no fees/minimums with this IRA account

This should be great for anyone who will not be able to max out their IRA contributions in 2011.

Related in 401(k):

QE: The Good and the Not So Good (Nov 12, 2013) Here is a snapshot I took of my 401k YTD returns and my personal reflections: The Good: Holy Cow! That is amazing. Not only have we had a huge upswing in US stock indexes, my entire 401k portfolio is up...

2012 401k Contribution Limit (Jan 09, 2012) The 401k employee contribution limit has finally had its first increase in 4 years in 2012. I historically max out my 401(k) contributions so I'll need to tweak my contribution levels to ensure I hit the max by the end...

T Rowe Price Annual Service Fee for Low Balances To Increase (Jul 12, 2011) We got a notice that there are some upcoming account changes to my wife's IRA accounts at T Rowe Price. The main change that affects us is that they are now imposing a $20 annual service fee for accounts with...

Comments (0)


Post a comment

(Comment moderation enabled.)

About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,574,185

Sponsors

New Personal Finance Articles




PF Blogs