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New Member
posted May 31, 2019 9:40:53 PM

How do I know what kind of IRA i have ?

I have an IRA account with Wells Fargo but I dont know if it's a roth IRA or traditional.. I pay into it every pay period from my paycheck so taxes have already been deducted before the money goes into it. What kind of IRA is this?

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New Member
May 31, 2019 9:40:53 PM

You should be getting periodic statements from Wells Fargo.

Look at how they have titled the account.

If it's a ROTH account it will say it's a ROTH.

If it doesn't say that, then it's a Traditional IRA.

1 Replies
New Member
May 31, 2019 9:40:53 PM

You should be getting periodic statements from Wells Fargo.

Look at how they have titled the account.

If it's a ROTH account it will say it's a ROTH.

If it doesn't say that, then it's a Traditional IRA.