The Roth IRA – A Simpler Way of Directing Your Retirement Money

0
15
The Roth IRA – A Simpler Way of Directing Your Retirement Money

The freedom that you seek through your investment dollars is often hampered and restrained by limiting regulations and penalties on the more traditional savings accounts. The Roth IRA, which is the most common type of self directed IRA investing tools, offers a great deal of flexibility while remaining free of the certain tax liabilities offered by other IRA types. There are many differences between the traditional IRA and the self directed Roth, beginning with the initial funds used to open either account. The moneys used to open a traditional IRA can be untaxed, and they are taxed heavily upon withdrawal. The Roth IRA is opened with taxed dollars, with funds remaining free of liability throughout the life of the IRA and upon withdrawal.

Dejar respuesta

Please enter your comment!
Please enter your name here