What Is the Roth IRA 5-Year Rule?
has long been a favored option for retirement savings due to its promise of . To make the most of this type of account, it's essential to pay close attention to the rules. "As with just about any tax break, there are loopholes and pitfalls to realizing real savings," says Logan Allec, a certified public accountant and creator of the personal finance site Money Done Right in Santa Clarita, California. Not all Roth IRA withdrawals are tax-free. After opening and , you'll need to wait five years to begin tax-free withdrawals of investment ...
Click
To Read Full Article