5 Roth IRA Benefits You MUST Know

In this video, I share 5 benefits of a Roth IRA that you must know about!

A Roth IRA is a retirement account where you contribute after-tax money to invest in assets that grow tax-free.

The amount you can contribute in 2020 is $6,000 in total. However, you are eligible for a catch-up contribution to the Roth IRA of $1,000 per year if you are 50 or older.

At age 59.5 you can take out all the money in the Roth IRA tax-free and penalty-free. Meaning, whatever is in that account is yours to keep, without any penalties or taxes of any kind!

Please watch the entire video to understand the full benefits of a Roth IRA!

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My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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Видео 5 Roth IRA Benefits You MUST Know канала Marko - WhiteBoard Finance