Maximize Your Retirement Savings with a Roth IRA

The Power of Roth IRA for Tax-Free Millionaire Retirement

Retirement planning is a unique journey for everyone, with various strategies, accounts, and rules to navigate. The Roth IRA stands out as a must-have tool to grow your wealth tax-free.

The Basics of a Roth IRA

• Deferred taxes on traditional IRA vs. tax-free contributions and gains with Roth IRA.
• Investing $7,000 annually can result in a portfolio worth over $1 million by age 65.

The Rules for High Earners

1. Income limits and backdoor Roth IRA strategies for high earners.
2. Ways to convert traditional IRA or employer's retirement plan to Roth IRA for tax benefits.

Get started early with a Roth IRA to benefit from compounding growth and substantial tax savings over your lifetime.