Roth IRA

  • Contribute up to $5,000/year if you have earned income and up to $6,000/year if over age 50
  • The Roth IRA is a nondeductible account that features tax free withdrawals for certain reasons after a five year holding period.
  • All earnings on your IRA are tax free.

* Penalty may apply for early withdrawal. Other special withdrawal privileges may apply.