3 Signs a Roth IRA Is the Wrong Home for Your Retirement Savings
Outside of workplace retirement accounts, a Roth IRA is one of the most popular places to stash your retirement savings. Its benefits are many: Most people can open one with any bank or brokerage they want, you get tax-free withdrawals in retirement, and the government won't force you to take money out before you're ready. Plus, depending on what you invest in, it could be a lot more affordable than using your company's 401(k).
But hold on a second. While a Roth IRA can be a great retirement savings account for a lot of people, it's not the best fit for everyone. You shouldn't contribute to one if any of the following applies to you.
Source Fool.com