Roth IRA vs. Traditional IRA

A Roth IRA is a unique method of investing used by smart individuals to save for a richer retirement. By placing a sum of money into a Roth IRA, you are saving for a better future and a quicker retirement. Over the years as you add more and more money into your Roth IRA account, it compounds into a much larger sum of money. A Roth IRA is tax friendly as well. Atlanticfinancial.com says, "although contributions are not tax deductible, withdrawals are tax-free as long as they are made after age 59½ and the account has been in existence for at least five years". Atlantic F…