Smart Taxes: Roth IRA
Submitted by Ferguson Financial Inc. on April 27th, 2017
Could you have saved more? Invested better?
Could you have saved more? Invested better?
The Roth IRA changed the whole retirement savings perspective. Since its introduction, it has become a fixture in many retirement planning strategies.
The key argument for “going Roth” can be summed up in a sentence: Paying taxes on retirement contributions today is better than paying taxes on retirement savings tomorrow.
Here is a closer look at the trade-off you make when you open and contribute to a Roth IRA – a trade-off many savers are happy to make.