This Lesser-Known Roth IRA Benefit Could Leave You Richer in Retirement

Maurie Backman, The Motley Fool
·3 min read
This Lesser-Known Roth IRA Benefit Could Leave You Richer in Retirement

When it comes to choosing a retirement savings plan, you have options. You can put your money into a traditional IRA and score an upfront tax break in the process, or you can forgo that immediate tax break but enjoy other perks with a Roth IRA. Roth IRAs allow your money to grow tax-free so the IRS won't take a chunk of your investment gains.