What Will My Roth IRA Be Worth At Retirement?

Topics:
Retirement plans,
Tools and Templates
Tags:
Personal Finance,
Roth IRA,
Tax
Source:
KJE Computer Solutions

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Overview: Creating a Roth IRA can make a big difference in your retirement savings. There is no tax deduction for contributions made to a Roth IRA, however all future earnings are sheltered from taxes. The Roth IRA provides truly tax-free growth. It is important to note that Roth IRA contributions are limited for higher incomes. If your income falls in a "Phase-out" range you are allowed only a prorated Roth IRA contribution.

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Format: HTML | Date: Jan 2009

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