There’s Still Time for your 2020 ROTH Contribution!
This just in; the IRS just announced that it is extending the tax deadline to May 17th. That means you now have an extra month to make contributions to your ROTH IRA for tax year 2020. This is certainly one of the highlights in the article linked below, however it is not the only important thing of note. The article goes on to explain the many benefits of ROTH IRAs, including the fact that the money you put in grows tax-free, and when you draw on it later, ideally during retirement, the income is NOT taxed either! This, among many other benefits, should be enough to have you thinking about maxing out your ROTH contribution, or starting a ROTH IRA if you have not already. Follow the link below for the full article.
Click here to see the many benefits of maxing out your ROTH IRA!