3 Reasons a Roth IRA Holds 80% of My Investments
When I make investments for my retirement, virtually all of the money I set aside for the future goes into one type of account: a Roth IRA. There are three simple reasons I picked this account to hold the assets that are key to my security as a senior. Here they are.
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A Roth IRA is an alternative to a traditional IRA. While a traditional IRA provides a tax deduction in the year contributions are made, Roth IRAs don't. However, distributions from a Roth IRA can be taken tax-free as a senior.
Source Fool.com