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	<title>New answer on: Why Set Up A Roth IRA?</title>

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		<title>By: Jim Winkler</title>

		<link>http://insurancelibrary.com/retirement-plans/why-set-up-a-roth-ira</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Thu, 24 Jul 2014 22:26:45 +0000</pubDate>

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		<description><![CDATA[That is a great question! One of the best reasons for a Roth is the ability in later years to receive a tax free income stream. Since the contributions are made after-tax, when you start your withdrawals, the income is tax free assuming that you are over 59 1/2, and have had the IRA for more than 5 years. Having a tax free income stream helps balance out the other taxable income that you may have. Another nice perk is that you can still contribute to your Roth after you turn 70, and you do not have to empty the account. In some cases, all or most of what you withdraw before 59 1/2 may be tax free, depending upon the use and contributions. If you would like more specific information, please drop me a line, I&#039;d be happy to help. Thanks for asking!]]></description>

		

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