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2 Compelling Reasons to Contribute to a Roth IRA Now


Roth IRAs get a lot of attention in the retirement world, and for good reason. First, you can contribute after-tax dollars to the account now and set yourself up for tax-free income during retirement, providing some predictability during that time. Another appealing feature of the Roth IRA is that anyone can contribute, regardless of age, as long as they have earned income and their income doesn't exceed the limits. If you're aiming for a million-dollar Roth IRA, starting early and earning a decent return can help you achieve that goal.

However, if you're still on the fence about stashing away money in a Roth IRA this year, here are two compelling reasons why you should consider it.

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Source Fool.com


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