How Can A Roth IRA Help With Your Retirement Goals?

A Roth IRA is a retirement account that you've already paid taxes on, so distributions from the Roth IRA will always be tax-free!
A Roth IRA can be established with individual contributions or "conversion” of existing traditional or rollover IRA. While you don't get a tax break the year you contribute, once invested, your money grows tax-free. After age 59½, you can withdraw your funds without taxes or penalties if the account has been open for at least five years.

The Benefits of A Roth IRA

Growth Potential
The most powerful investment strategy is taking advantage of tax-deferred compounded growth, and an IRA is an excellent tool to help plan for financial goals.

No Income Taxes on Withdrawals
Tax-free withdrawals are available provided you’re 59½ or older and you’ve met the 5-year holding period.

No Mandatory Withdrawals (no RMDs)
There is no need to take Required Minimum Distributions (RMDs) with a Roth IRA.

FAQ’s

Should the investment allocation for my portfolio be any different from a Traditional or Rollover IRA?

Are the distributions from my Roth IRA tax-free from Federal and State Taxes?

Can tax-free Roth withdrawals have a positive impact on my overall tax situation?

How do I know if my Roth IRA decision was a good one?