Why You Should Consider Investing in a Roth IRA
Update: 2023-06-02
Description
A Roth IRA is funded with after-tax dollars, but distributions are tax-free in retirement. Everyone knows that, but Roth IRAs have special properties and use cases that rarely get mentioned. We explain what the general and special benefits of a Roth IRA are, as well as under what circumstances you may want to invest in a Roth IRA. Some of the items discussed include tax-free and penalty-free distributions, protecting your assets from taxes and inflation, and required minimum distributions (RMD). Visit us at biggerinsights.com to request a consultation or read our blog. Please consider making a non-deductible contribution to help us break through Big Tech suppression and keep this podcast going. OpenAlias: contribute.biggerinsights.com. Monero (XMR), Bitcoin (BTC), and Litecoin (LTC) addresses at biggerinsights.com/support-us. Disclaimer: We are not CPAs, tax attorneys, enrolled agents, or other tax professionals and nothing in our podcast is tax, financial, or other advice. IRA rules are rather complicated, so we highly encourage you to consult your tax and financial advisors before making any changes to your tax or financial situation.
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