Roth IRAs have a unique tax break you don't receive from popular accounts like 401(k) or traditional IRAs. They allow you to contribute money that's already been taxed and then take tax-free withdrawals in retirement, as long as you're 59 1/2 years old and made your first contribution at least five years ago.

Taking tax-free withdrawals in retirement is one of the more surefire ways to save thousands in taxes. It's even more beneficial when you have $1 million in the account waiting for you. And while hitting the million-dollar mark in a Roth IRA isn't always a cakewalk, it's also not as farfetched as some people may believe.

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Source Fool.com