Strategies for Roth IRAs You May Not Have Thought Of (Yet)
Roth IRAs are a powerful savings tool. Unlike traditional IRAs, Roth IRAs are composed of post-tax contributions, which means that investors can make tax-free withdrawals in retirement. As such, Roth IRAs are a popular investment vehicle for individuals who may be at a higher tax bracket in retirement.
In retirement, you’ve got to look out for No. 1: your taxes. Roth dollars offer immense flexibility and freedom to your overall income plan.
Traditionally, investors wait to tap their Roth IRA until they’ve exhausted most other investment vehicles. Why? Because Roth IRAs are great long-term, tax-free compounding vehicles. That
