Why a Roth IRA?
While contributions to a Roth IRA aren’t tax-deductible, earnings grow tax-deferred and can be withdrawn penalty- and tax-free in two ways: after you’re 59 ½ years old 1 ; or if you’ve owned your account for at least five years and are purchasing a first home, paying for college or experiencing other qualifying life events.2
A Roth IRA is right for you
If you’re interested in tax-free withdrawals.
A Roth IRA may help ease your tax burden in retirement, if you expect to retire and move into a higher tax bracket.