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A Roth IRA and a traditional IRA (individual retirement account) offer valuable retirement-planning benefits, but with different structures, income limits and pros and cons.
Here are the pros and cons of using a 529 or a Roth IRA to pay for college.
A Roth IRA is a qualified individual retirement account that allows you to grow investments tax-free. You contribute money you've already paid taxes on.
A Roth IRA is an individual retirement account funded with after-tax dollars. You can't deduct contributions to a Roth IRA at tax time, but you can withdraw your money tax-free in retirement. A ...
A Roth IRA is the best retirement account around, according to many experts. It offers huge benefits such as tax-free income and the ability to leave tax-free money to heirs. Plus, because of its ...
A Roth IRA is an individual retirement account, meaning it is set up by individuals. This is in contrast to employer-sponsored retirement plans, like a 401 (k).
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