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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1276 |
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There are two different types of IRA's, which include Roth and Traditional IRA's. Roth IRA's are said to give Americans another way to save on taxes. A Roth Ira can be withdrawn tax-free, as long as the account has been open at least five years and you are age fifty-nine and a half when you begin withdrawing the proceeds...
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The contributions can be up to two thousand dollars per person or four thousand per couple. The beauty of a Roth IRA is its simplicity. You can contribute to a Roth IRA even if you have an employer-sponsored retirement plan. You can contribute to a Roth IRA even if you have an employer-sponsored retirement plan...
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