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26 June, 16:26

Roth IRA (what is it and how does it work?/Benefits/Penalties)

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  1. 26 June, 16:35
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    Explanation:

    Roth IRA

    A personal tax-free retirement savings account is called Roth IRA, which offers that individual a tax-free withdrawal and growth for that specific savings. It also offers tax-free investment options. Unlike other funds, Roth IRA is less restrictive. However, Roth IRA cannot be a stock or assets. Some of the benefits of Roth IRA are - Lower taxes while retiring, No minimum required distributions, etc.
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