Etrade Checking Interest

Just started an IRA, but have a low budget?

I just opened up an IRA account at Etrade today with a $10 deposit. I know I need to contribute more, but what can I do from my initial depsoit?

I’ve been checking the mutual funds and other options and all seem to have a high purchase requirement.

Also, with my IRA, will my cash garner interest?

If you can commit to a regular monthly deposit, a few funds will let you start with tiny amounts. Not sure if $10 will get you anywhere, though. Might need $100 or so to start.


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