Roth IRA – MemberMinds Video
Roth IRAs are after-tax individual retirement plans created to help individuals save for retirement. Because it allows individuals to save after-tax dollars and provides tax-free income in retirement, a Roth IRA may have advantages for many investors. In this episode, MemberMinds host Tom Nugent talks with Greg Marsh, Registered Representative at PlanMember Securities, about the differences between a Traditional IRA and a Roth IRA and when you should consider one over the other. Additionally they discuss:
- The tax advantages of a Roth IRA
- How household income can affect your ability to contribute to a Roth IRA
- Conversion from Traditional IRAs into Roth IRAs