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What Is a Roth IRA?

A Roth IRA is a special retirement account where you pay taxes on money going into your account and then all future withdrawals are tax free. Sam Edelman Women's Dakota Gladiator Sandal,Natural,8 M US

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Roth IRAs are best when you think your taxes will be higher in retirement than they are right now. They can be especially good for young savers or in years when you don't have much other income. Rockport EUREKA K71201 BROWN LEATHER Lace-Up COMFORT Walking shoes-11D-NEW-WIDE

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You can't contribute to a Roth IRA if you make too much money. For singles, this starts at $118,000. For married couples, it is $184,000. MERRELL Polarand Rove Moc Waterproof Gunsmoke Sz 11 Men Slip-On Loafers

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Generally $5,500 a year unless you are over 50 in which case it goes up to $6,500. Mens Puma Basket Classic Lo Pink 357518-04 US 8.5

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Almost all brokerage firms will offer a Roth IRA. You should consider a brokerage like Fidelity or E*Trade that offer low-cost funds. "Lifecycle" funds that automatically rebalance and adjust over time are especially good for Roth IRAs. Sam Edelman Women's Odele Heeled Sandal, Black Satin, Size 9

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Brand: SAFE T STEP Comfort Width: Medium (B, M)
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