By Brian M. Reiser A Roth IRA is a type of retirement plan and investment account that allows you to withdraw money tax-free from your retirement account under certain conditions. However, unlike a traditional IRA, the Roth IRA account does not give you tax-free contributions on the front end. You reap the tax benefits at retirement age instead.
While there are other major types of retirement plans such as the previously mentioned traditional IRA, the traditional or Roth 401(k) plans and the 403(b) plan, the Roth IRA remains a popular option.
In this article, we will explain further as to what a Roth IRA is, how …read more
