About Roth IRAs
Roth Individual Retirement Accounts (IRA) offer ample tax benefits for retirement — particularly for younger investors.
You can contribute to a Roth IRA with after-tax dollars.
For the original owner of a Roth IRA, there is no minimum required distribution. Additionally, since you contribute to a Roth IRA with after-tax dollars, if you meet certain requirements set by the Internal Revenue Service (IRS), you will not be taxed on your withdrawals.
For additional information regarding contributions and distributions, please contact a wealth team member. For tax related questions, please contact your tax advisor.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individuals 1) Distributions from a Roth IRA may be tax free if you are at least 59 1/2 years old and have owned the Roth IRA for at least five years, your withdrawal is up to $10,000 (lifetime limit) is applied to a first time home purchase, or you die or become permanently disabled.
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