Think a Roth IRA Is Your Best Bet for Retirement Savings? Here's Why It Could Backfire.
There's a big reason this approach could come back to bite you.
Overview
Roth IRAs (individual retirement accounts) are often praised as one of the best retirement savings tools available. And the appeal is easy to understand.
With a Roth IRA, your money gets to grow tax-free, withdrawals in retirement are tax-free, and there are no required minimum distributions to worry about. It's that flexibility that makes Roth IRAs so attractive.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.