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Ed Slott: The Case for Roth IRA Contributions

Morningstar, Inc.

Feb. 27, 2025
On-Demand
Webinar

Key Takeaways

  • Since you pay taxes upfront, Roths can give you a more accurate value of your retirement savings.
  • Because Roths don’t have required minimum distributions, the money in the account can grow tax-free for the rest of the accountholder’s life.
  • Unlike tax-deferred accounts, Roth accounts take advantage of known tax rates.
  • The government benefits from the taxes that it receives upfront from Roth contributions.
  • If you hit the income limits for opening a Roth, you can contribute to a nondeductible IRA and convert it to a Roth.

More Information, How to Register