Over 51 percent of Americans participate in a retirement savings plan; however, many feel that they will not have enough money to support them in retirement. Some have even postponed the age at which they planned to retire in an attempt to save more money.
This month, you can see pertinent information about the Roth IRA, a flexible tax-free retirement savings account especially beneficial to young people and those with limited incomes. The first page provides an overview of the Roth IRA, including its advantages and limitations. Page two examines how the Roth IRA can be used to help you save for large investments, such as college, the down payment on a first home or other events that cause many people to exhaust their retirement savings. Since many people are interested in ways to save money for retirement, feel free to pass this information on to your family and friends.
For you who are on this page, I have also included a “Bonus” page with more special information.
If you would like to learn more about Roth IRAs, please call me for a referral to a financial service professional.