Ask Terry Questions Roth IRA Option

Roth IRA Option

By Terry Savage on March 23, 2023 | Financial Planning / Retirement

My son’s company has just offered the option of contributing to a Roth IRA. He has been with the company 5 years. What do you think about doing this? Thanks

Terry Says

It’s likely a Roth 40l(k) option — And if he doesnt need the current tax deduction (and if the govt keeps its promises) the money will grow and come out tax-free. Great idea!

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