A Smart Way to Pass On Generational Wealth With a Roth IRA
If you've been sleeping on a Roth IRA (individual retirement account), now is the time to wake up and unwrap its full potential. Although the account garners a lot of attention for the tax-free withdrawals you can receive after you hit age 59 1/2, the benefits can stretch beyond you. Your Roth IRA can serve as a tax-free wealth-building vehicle for the next generation.
If you want to set your heirs up for financial success, here are some Roth IRA benefits and considerations to make the process a breeze.
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Source Fool.com
