Why Choose a Roth IRA?
If you’ve been in touch with any sort of financial advisor, personal accountant, or tax preparer over the last several years, you just might be tired of being asked: “Have you made the maximum contribution to your IRA this year?” We ask it a lot, but there’s a very good reason for this: retirement accounts can save you loads of money on taxes — as long as you follow the rules. Pulling money out of an IRA (Individual Retirement Account) early can incur a painful 10% penalty, so make sure you only contribute what you can afford. This article is…
