Scottrade has launched a new initiative to promote financial education. Every month Scottrade branches will be hosting free seminars on investing open to both members and the general public. Also four new financial calculators were released on their website to help calculate the costs of planning for major life expenses.
For information on the seminars or to use the financial calculators simply head to Scottrade’s education page (hat tip Amber).
After playing with the IRA comparison calculator we found that our best option was to maximize contributions to a Roth IRA over a Traditional IRA. Screenshot below.
If any of our readers attends a free Scottrade seminar please let us know as we would love to hear your feedback.