<prompt> Human: Ive been throwing 150 a month into a Roth IRA account and just realized its very underperforming and charges a 1.31 expense ratio. After reading about index funds and their many advantages I have a few questions... Do Index fund Roth IRAs exist? If so, can I take the money I have in my current Roth IRA about 8k and roll it into a new index fund Roth? If yes, would their be any disadvantages to doing so?  <response>: A Roth IRA is just a type of account. You can invest the money inside in almost any way you want. Most people here recommend Vanguard for their low cost index funds, but your IRA provider most likely has low cost funds as well. 