 TITLE: Step-by-Step Checklist to Opening an IRA CONTENT: Open an IRA\n-----------\n*   **Complete documents required by the provider.** You can usually do this online.\n*   **If required, make an initial deposit to open the IRA.** Some IRAs can be opened with a zero balance.\n*   **Set up ongoing deposits.** These will come directly from your paycheck or bank account.\n*   **Select investments.** You do this yourself or with help from the provider depending on which account management option you choose. Select investments based on your age, retirement goals and risk tolerance.\nManaging Your IRA\n-----------------\n*   **Commit to contributing to your IRA every month.** If possible, try to fund your IRA up to the maximum allowable contribution.\n*   **Monitor your investments and update your portfolio as needed.** Depending on your IRA, your advisor may do this for you, your investments may update automatically, or you may do it yourself. END