If i open a roth ira will i get interest for having money there or is it better to get a cd acc.?

A ROTH IRA is simply a wrapper for your money. It is the type of account.





What you buy inside that ROTH is up to you. You will most likely buy good quality stock mutual funds. Your money will grow as the funds grow.





CDs are very safe, but unless you are a few years from retirement, you don't need SAFE, you need GROWTH.|||An IRA is not a specific type of investment. It is a specific type of account. Within it, you can hold CDs, mutual funds, etc.