Monday, August 07, 2006

 

The Roth Way To Riches

With all the recent tax-code changes, it seems a number of taxpayers have forgotten the Roth IRA. That's a shame, because it's far more than an ordinary retirement savings account.

Roth IRAs are tax-favored accounts to which qualified taxpayers can make non-deductible, after-tax contributions. Those contributions can grow tax-free, and neither they nor the earnings they generate are subject to tax if withdrawn as a qualified distribution.

The Roth Way To Riches
Source: Yahoo! Finance

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