With a Roth IRA, you pay taxes on money going into your account and then all future withdrawals may be tax-free. This savings vehicle makes good sense if you expect your tax rate to be higher during retirement than your current rate.
*No tax penalties on qualified withdrawlas if you've held your account at least five years and are older than 59-1/2. Consult your tax advisor for any tax-related questions regarding IRAs.
Let us help you with your retirement planning. Talk to our IRA experts at 828-466-1765 or call toll-free at 877-802-1212.