Yarborough Wealth Management Group

CONNECT

Address:

222 W Coleman Blvd. Suite 212
Mount Pleasant, SC 29464

Phone:

Office: (843) 881-5716
Mobile: (843) 602-4122

Fax/Other:

(888) 908-6122

Roth IRA

A Roth IRA is a retirement account that allows your investments to grow income tax free.  All qualified future withdrawals from the account will be Income Tax-Free, provided all criteria are met.  

Why?

A contribution to a Roth IRA is not income tax deductible, however, all future earnings, dividends & appreciation grow Income Tax-Free.  Early withdrawals are subject to a penalty.

ROTH INVESTMENT STRATEGY FOR INDIVIDUALS, PARENTS & GRANDPARENTS

Pay yourself first.  Establish an automatic monthly investment plan.

Annual Contribution limits apply.

How many years & what rate of return would give you approximately $1,000,000 in a Roth IRA?

To calculate click here.

Related Links

 

The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.