Should You Still Contribute to a Roth IRA If You Are Nearing the Retirement Finish Line?
A Roth IRA (individual retirement account) allows you to build a portfolio of tax-free income during retirement. And you don't have to worry about age getting in the way of contributing to the account. If you have earned income and your income doesn't exceed the annual threshold, you can stash money away in a Roth IRA.
If you're nearing retirement, a Roth IRA may help you achieve your goals faster. Here are a few things to consider if you're thinking about contributing to a Roth IRA before retirement.
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Source Fool.com