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5 Secrets of Roth IRA Millionaires


For many, the Roth IRA is the best thing since sliced bread. And there's one perk that always steals the spotlight: tax-free income during retirement. With a Roth IRA, you pay taxes upfront, and after you turn 59 1/2 and meet the five-year rule, all the money in your account is tax-free.

Sounds pretty great, right? Even if your account grows to over $1 million, you won't have to share a dime with Uncle Sam. Of course, there are some trade-offs, like not getting a tax break now. But if becoming a Roth IRA millionaire has ever crossed your mind, here are five secrets you should know.

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Source Fool.com


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