Ok, so looking back on 2007, I realize that I made a decent lump of money for a college student, so I need a way to "invest" it that is better than my current Orange account. I've got enough to finish my BA, but law school will be a whole other story. So, I was thinking of opening up a Roth IRA. Before I do, I have some questions (hence the thread). 1) What's the last day in 2008 that I can open a Roth 2007 IRA? 2) What are some good companies to go with? Why? 3) When I open my IRA, will most companies allow me to choose my investments or do I have to select one of their predetermined 'spreads?' 4) Do you think opening up the IRA at this time is a good idea? Since I figure law school will be too expensive for the measly $4,000 limit to be of any real significance, I thought that it made more sense to invest the money now and just get an additional $4,000 loan when I'm ready for law school. Thoughts on this? 5) Do you have any other tips that can be helpful? Thanks a lot for the advice.