Roth IRA

Roth IRAs are retirement savings accounts where after-tax contributions grow.

Roth IRAs are retirement savings accounts that allow your money to grow tax-free.

Tax-Advantaged
Earnings & withdrawals are generally tax free.
Secure
Build funds for your future.
Flexible
No age-based limitations on contributions or withdrawals.

Why a Roth IRA?

You fund a Roth IRA with after-tax dollars, meaning you don’t receive a tax deduction when you put the dollars in, but earnings and withdrawals are generally tax free.

Key details

  • After-tax contributions are not tax deductible
  • Earnings can be withdrawn tax-free and penalty-free if your initial contribution was made at least five years ago, and if you meet a qualifying condition
  • Provides the most advantages for the most people, especially those with long-term horizons
  • No age restrictions on making contributions, as long as you have earned income
  • No age requirements for withdrawing your money

Disclosure Contact your tax or legal advisor to answer specific questions about eligibility, distributions, penalties and how they may apply to your individual situation.

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