Roth IRA: For Your Retirement ... and Beyond

You may already know that the Roth IRA is a great retirement-savings vehicle. But did you realize that some of its benefits could pay off for the next generation of your family?

When you contribute to a Roth IRA, your earnings can grow tax free, provided you don’t start taking withdrawals until you’re 59½ and you’ve had your account at least five years. And the potential for tax-free earnings can continue even when your beneficiaries inherit your Roth IRA, though you’ll need to consult with your tax advisor on this issue.

Furthermore, since you aren’t required to take distributions from your Roth IRA, you can leave your account intact for as long as possible, potentially leaving more money available for your beneficiaries.

Your Roth IRA is, first and foremost, an investment for your retirement. But, as we’ve seen, it may be of value in other ways, too.

Erin Abrigo Edward Jones financial advisor located at 5775 Soundview Drive GIG HARBOR WA 98335 253-853-7988

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