Roth IRA

With a Roth IRA, you pay taxes now and withdraw the funds tax-free when you retire. Contributions can be made after the age of 70½ without any required minimum distributions as long as you have earned income.

Yearly Contribution Limits
Tax Year Under 50 Age 50 and Over
2018 $5,500 $6,500
Contribution Deadlines
Current tax year: December 31, 2018
Prior tax year: April 17, 2018

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