2023 May 02

Three Unique Benefits of a Roth IRA

Individual Retirement Accounts, or IRAs, are (as the name implies) savings vehicles for your retirement. Pretty simple. You contribute money to it over the years, allow it to grow and compound, and once you turn age 59½, you can begin taking penalty-free distributions if you so desire.  And that’s generally true for all IRAs, whether it’s a traditional or a Roth.