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10 Reasons You Need a Roth IRA

For those who are setting money aside for retirement, the two most common choices are the traditional IRA and the Roth IRA. While both accounts have tremendous advantages over simply opening a brokerage account and buying stocks and funds, they are different from one another.

Specifically, a Roth IRA offers some useful benefits the traditional IRA doesn't. For example, did you know that a Roth IRA doesn't require you to start withdrawing money until you need it, whereas a traditional IRA has required minimum distributions starting at age 70-1/2?

Here are some of the reasons why a Roth IRA could be the right move for your retirement planning.

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  • Report this Comment On July 27, 2014, at 10:07 AM, Wflyfishin wrote:

    Can I self direct my ROTH IRA into Buying Real Estate or loaning money from ROTH IRA on Trust Deed of Real Estate?

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Matthew Frankel
KWMatt82

After several years as a high school math teacher, Matt brought his love of teaching and investing to the Fool to help people invest better. Matt specializes in writing about the best opportunities in bank stocks, real estate, and personal finance, but loves any investment at the right price. Follow me on Twitter to keep up with all of the best financial coverage!

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