Roth IRA
Unlock the potential of ROTH IRAs in this video, where tax-free growth takes center stage. Unlike Traditional IRAs, contributing to a ROTH IRA with taxable income offers unique advantages. Though contributions are not tax-deductible, the real game-changer lies in the potential for completely income tax-free withdrawals, subject to specific conditions. The ROTH IRA not only allows tax-free withdrawals but also stands out for its absence of required minimum distributions. This means you can potentially pass on the entire balance to your beneficiary tax-free. Dive into the details of this potent retirement planning tool and its incredible benefits. Ready to explore more? Check out this useful link: https://www.raymondjames.com/evolvefpl/resources/2023/05/10/making-the-most-of-a-roth-ira. Or, give us a call.