Is Vanguard Star Fund A Roth IRA?

  1. 3998 POINTS
    Matt Benore
    Founder, DenverWest Insurance Professionals, Inc.,
    Vanguard Star Fund is neither a Roth IRA or just an IRA. Consider this, you have a cup. This cup represents the IRA or Roth IRA which has rules that must be followed according to the IRS. In this cup, you can put anything. An annuity, a mutual fund including the Star Fund. Unless you make the funds qualified or if they come from qualified accounts such as a 401(k), they are not considered a Roth or Traditional IRA.
    Answered on August 19, 2014
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