Roth IRA

Thinking ahead about your taxes and how you'll spend that refund is always a good idea. Here's an even better idea: not spending your refund money at all, but rather saving it into your

Roth IRA.



Why should you open a Roth IRA?


A Roth IRA is always a great way to start saving money for retirement. This type of Individual Retirement Account accumulates tax-free compound interest. The contribution limit is $6,000 and $7,000 (age 50 or older) for the 2021 and 2022 tax years.


Benefits:

  • Contributions grow tax-free

  • Taxed upon distribution

  • Withdrawal contributions pentalty-free mostly anytime

  • Pass down money to your heirs


Don't have an account or want to learn more?


Consult with one of our financial represemtatives to futher discuss and open account today!



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