This Is a Really Bad Reason to Open a Roth IRA

When it comes to saving for retirement, you have choices. You could open a traditional IRA and enjoy a tax break on the money you put into that account. Or, you could open a Roth IRA and forgo an initial tax break, but enjoy other benefits down the line.

Roth IRAs allow the money you invest to grow tax-free, and withdrawals in retirement are also tax-free. That could, in turn, alleviate a world of financial stress during your senior years.

Roth IRAs are also the only tax-advantaged retirement plan to not impose required minimum distributions. With all other retirement-specific accounts, you must remove a portion of your savings each year once you turn 72 or otherwise face a steep financial penalty. But Roth IRAs let you keep your savings intact so you can keep enjoying tax-free gains in your account, and also, so you can leave money behind to your heirs as you see fit.

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Source Fool.com