The Basics of Roth IRAs: How They Work and Why You Might Want One

The Roth IRA is a unique savings account that offers a number of benefits to savers. Unlike traditional IRAs, contributions to a Roth IRA are made after taxes have been paid. This means that withdrawals from a Roth IRA are tax-free in retirement. Roth IRAs also offer savers more flexibility than traditional IRAs. For example, savers can withdraw their contributions …

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