When you pay taxes on contributions to a Roth IRA1
now, you’ll reap the benefits throughout your retirement. Simply fund the Roth IRA with after-tax dollars in exchange for tax-free earnings on your Roth IRA investments and no federal income tax on qualified distributions (under current federal law)2
. If you expect your earnings potential to grow into your retirement, a Roth IRA might be the perfect solution for you.
Features include the following options
- Contributions are after-tax2
- Earnings accumulate tax-free2
- Qualified distributions from the account are tax-free2