When people realize how incredible the deal is for a Roth IRA, they’re often in disbelief. After all, it lets you earn tax-free income in retirement. No federal income taxes, period, on money taken out of a Roth IRA when you’re at retirement age (and at a few other life opportunities, too).
Before we head too far down this road, let’s touch on what a Roth IRA is. I spelled it out in my earlier Roth IRA basics article, but here are the key things you need to know:
Dispatches From The Front 