What Is a Roth IRA and How Do You Use It?
Investing & Wealth Building aden keophasouk Investing & Wealth Building aden keophasouk

What Is a Roth IRA and How Do You Use It?

A Roth IRA is a powerful retirement account that offers tax-free growth and withdrawals. In 2024, you can contribute up to $7,000 ($8,000 if 50 or older), but income limits apply. Understanding contribution rules, income restrictions, and withdrawal guidelines can help you maximize its benefits. Learn how a Roth IRA works and why it’s a smart choice for long-term wealth.

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