Why a Roth IRA is a Must Have Plan

You are probably aware of some of the virtues of a Roth IRA. But there are at least five reasons why a Roth IRA is a must-have plan.

Tax Free Income in Retirement

This is the most obvious benefit of a Roth IRA, and it’s repeated in virtually any discussion related to the plan. Even still, this advantage is well worth reemphasizing.

Virtually every other type of retirement plan is a deferred plan. That means that the tax liability on the account – both your contributions and the investment inc...