In Part II of the video series, we will talk about just how one should start a Roth IRA. Roth IRA’s are an essential tool to have when it comes to retirement planning. The money you place into your Roth IRA and the earnings that accumulate over time are never taxed. When you reach your retirement years, 401k’s, pensions and social security are all taxed. This is why it is important to have a non-taxed account to supplement your retirement years. Ramit explains Roth IRA’s below and where you can begin funding your very own account.
Budget Smart, Invest Wise