Financial Information
Is it safe to open a roth IRA with Vanguard online?
I would like to open a roth IRA with Vanguard and I don’t believe that they have any offices in Pittsburgh, PA. I noticed on their web-stie that you can do it easily online but it requires a lot of sensitive information such as account and routing numbers to get money (I am planning on doing max $5000) transferred/invested. Can someone assure me that this is normal and safe and that I can set it up online.
Much appreciated!
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#2 written by muncie birder 1 year ago
I routinely just the internet sites of my mutual fund companies and brokerage companies to transfer money back and forth. I have not had a problem. But having said that keep in mind that if you were to have a worm on your computer that was capable of capturing and interpreting your key strokes, you could have a problem.
Financial sites such a Vanguard take every precaution to safeguard your data. Their livelyhood depends on it.
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#3 written by J 1 year ago
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I’ve used Vanguard and found their site to be using more security measures sooner than some other big brokerage sites I use.
Their system has a sort of computer recognition, so if you were to use another computer, the site seems to be aware of that. They also use security questions and an icon that you choose to make you more aware and certain that you are on the valid site.
I can’t say that I know a lot about the security of using wireless internet though.