Top 10 Reasons You Should Own a Roth IRA
What is a Roth IRA? A Roth IRA is an individual retirement account (IRA) that allows people to invest after-tax income up to a specified amount each year and then withdraw the earnings tax-free after age 59½ are tax-free. There are a lot of rules and stipulations to Roths, but they’re a great investment! Here is a quick list of my favorite reasons why you should own a Roth IRA. Of course, there are many more, but here are the top 10 reasons to own a Roth IRA. Top Ten Reasons to Own a Roth IRA 1. Tax-free withdrawal of earnings in retirement This is by far the largest benefit of a Roth IRA. Once you reach 59 ½ years old, you … Read more