Kiplinger

Cure Your IRA Tax Infestation with a Roth

Roth IRAs have been around for more than 20 years, yet I regularly meet retirees and pre-retirees who haven't even considered using one as part of their financial plan.

After years of speaking with seniors and other savers at educational workshops, this seems to me a symptom of a bigger problem: A lot of people just aren't receiving proper tax planning from their financial professional. Maybe it's a lack of good training, overall apathy or, worse, negligence on the part of the person who is giving them advice, but these folks often aren't aware that without proactive planning, taxes could take a sizable chunk from their retirement funds.

For years now, people have been conditioned to invest most of their money

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