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Ask The Expert: Contributions

Q:
Asked by Linda 5/24/12

Can I lose the initial amout that I put into my Roth IRA?

A:
Answered by 8/9/12
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221 out of 458 people found this useful.

Hi Linda,

Yes, unfortunately. If you’re concerned about losing money, take a look at less risky investments such as government bonds, CDs and money market funds. The potential returns are smaller, but so are the risks of losing it all.

Regards,
Matt Malone
Managing editor, RothIRA.com

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