Roth IRA
The Roth Individual Retirement Account (IRA) is a great way to save for retirement while paying taxes now, when you're working, rather than later when you're on a fixed income. Contributions are made with after-tax dollars, and earnings are free from taxes and IRS penalties if certain conditions are met.
- Summary
- Save for retirement
- Pay taxes now
- Earnings are tax-free
- Solid returns
- Possible tax advantages (consult your tax advisor)
- Short and long term options
- FDIC insured
- Need to have earned income to open an IRA
