06/01/2024
Many employers offer 401(k) accounts with a contribution match, but that isn’t always enough for a satisfying retirement. Opening a Roth individual retirement account (IRA) may help you save even more.
A Roth IRA is a tax-advantaged savings account to which you contribute after-tax dollars (unlike traditional 401(k)s and IRAs, which take pretax dollars). This means that any money you withdraw after retirement may be tax-free and penalty-free. They may also grow faster than other savings accounts.
If you’re considering opening a Roth IRA, there are a few important things to consider. Send me a message today to learn which investments may work best for your retirement goals.