This One Retirement Move to End 2023 Could Save You Thousands Down the Road
For many people, this is a good time to reflect on 2023 while also evaluating what can be done to enhance their finances for the year ahead. And regardless of how far away retirement might seem, now can be a good time to make moves that positively affect it.
One decision that can go a long way is contributing to a Roth IRA. It's a retirement account that allows your investments to grow tax-free, with tax-free withdrawals in retirement as long as you're 59 1/2 years old and made your first contribution at least five years before. Because of the tax benefit of a Roth IRA, contributing now could save you thousands down the road.
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Source Fool.com
