Understanding the 5-Year Rule for Roth IRA
As a cornerstone of retirement planning, a Roth Individual Retirement Account (IRA) offers distinct tax advantages that differentiate it from its Traditional IRA counterpart. In addition to providing an avenue for tax-free growth, a Roth IRA also allows for tax-free withdrawals in many circumstances. Nevertheless, to fully maximize the benefits that a Roth IRA yields, … Read more