Is Your Money Actually Safe in a Roth IRA?

There are few things more important than saving for retirement, but too many people don’t question if their money is actually safe. When you’re investing in your Roth IRA retirement account or into a 401k, have you asked yourself – or your money manager – if your money is actually safe in these accounts, or if you could run the risk of fraud?

Believe it or not, your Roth IRA retirement account is actually one of the safest places you can put your money into when it comes to retirement planning. The risk of fraud is so low there are almost no preexisting fraud cases, and as long as you trust your financial advisor and your money is going into your Roth IRA retirement account, this is actually one of the best ways you can save for retirement.

But be sure to trust your planners – there are some questionable companies that, when setting up or handling your Roth IRA retirement account, will skim from the top and receive kickbacks. That is absolutely fraud, and illegal. Only use someone you really trust to handle your accounts.