7 Hidden Roth IRA Strategies
<p>When planning for retirement, the Roth Individual Retirement Account (IRA) stands out as one of the most powerful and flexible investment vehicles available. Unlike traditional IRAs, Roth IRAs are funded with after-tax dollars, which means that while contributions are not tax-deductible, qualified distributions in retirement are tax-free.</p>
<p>This unique feature, along with the absence of required minimum distributions (RMDs), makes the Roth IRA one of the best choices for retirement savings.</p>
<p>Despite its popularity, many investors don’t fully utilize the potential of their Roth IRAs. Seven strategies can help maximize the benefits of a Roth IRA, but they’re often underutilized or even unknown. Let’s look at each one.</p>
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