“Roth or Reason” – A Case for Baby Boomers to Move to Roth IRAs

  • August 17, 2021 10:22 AM
    Message # 10936978

    A Roth IRA is a retirement savings account in which after-tax dollars are invested and both the earnings and the principal withdrawals become tax-free qualified distributions, when taken after reaching age 59 ½ and after the Roth account has been open for 5 years. While it’s often thought Roth IRAs primarily benefit young people, they can also be a beneficial tool for Baby Boomers—in a big way. 

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