Supplementing Your Social Security Income
Most who collect benefits say that Social Security is a “major” part of their retirement income. But Social Security was never meant to be the sole source of income during retirement. Rather, the program was designed to only supplement your retirement income, leaving you to provide the remaining income from other sources. And with traditional defined benefit retirement plans fast becoming a thing of the past, that means beefing up your savings. Though many financial vehicles are offered for supplemental retirement income, the Roth IRA offers some special features which make it an attractive alternative, as discussed in this Tucson.com article by Maurie Backman. Click here to read more.