Roth IRA

A Roth IRA is a popular retirement savings account that allows your investments to grow tax-free. Unlike traditional IRAs, contributions to a Roth IRA are made with after-tax dollars, meaning you won’t pay taxes on withdrawals in retirement, provided certain conditions are met. This makes it an attractive option for those expecting to be in a higher tax bracket in retirement. Contribution limits apply, and eligibility may depend on your income level. By regularly contributing to a Roth IRA, you can build a substantial nest egg for your retirement while enjoying the benefits of tax-free growth and withdrawals