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Roth IRA Benefits: The Pros of the Plan

A Roth IRA has ample tax benefits, plus some other perks that can help you reach your financial goals.

By Motley Fool Retirement Team – Updated Nov 24, 2024 at 5:20PM

Key Points

  • Roth IRAs are funded with after-tax dollars.
  • Withdrawals from Roth IRAs don't count toward taxable income if you're 59 1/2 and you've had the account for at least five years.
  • Roth IRA funds don't have RMDs, making them a good estate planning tool.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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