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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. Summer Womens Rhinestones Wedge Heels Mules Platform Flip Flops Sandals Slippers

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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. Summer Womens Stilettos Peep Toe Hollow High Heel Sandals shoes plus size

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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. PUMA Men's BASKET CLASSIC GEO Brand new in Box

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Generally $5,500 a year unless you are over 50 in which case it goes up to $6,500. Super Cool Breathable Running shoes Men Sneakers Bounce Summer Outdoor Sport Sho

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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. CONVERSE CHUCK TAYLOR WOVEN BLACK 151240C

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