What is a Roth IRA?
A Roth IRA (Individual Retirement Account) is a tax-advantaged retirement savings account that offers the potential for tax-free withdrawals in retirement.
Choose a Roth IRA if you do not need a tax deduction today and expect to benefit more from tax-free withdrawals later.
Key features:
• Contributions are made with after-tax dollars.
• Earnings can be withdrawn tax-free in retirement if IRS requirements are met.
• You can withdraw your regular contributions at any time, tax-free and penalty-free.
• You are not required to take minimum distributions during your lifetime.
If you’re ready to open an IRA, visit Retirement Central today.
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