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Want to keep the IRS at bay, try a Roth IRA
We all know the tax-free contributions of a traditional IRA but do you know the tax advantages of a Roth IRA? First, Roth IRA contributions are made with after-tax dollars, so they don’t result in an immediate tax break but there are three tax benefits you will get with a Roth IRA. In Maurie Backman’s article she explains while all retirement savings plans offer their share of tax benefits; it’s hard to beat the three tax benefits a Roth IRA has to offer. Read Ms. Backman’s article here…
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