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	<title>New answer on: Why Should I Open A Roth IRA?</title>

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		<title>By: Jim Winkler</title>

		<link>https://insurancelibrary.com/retirement-plans/why-should-i-open-a-roth-ira</link>

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

		<pubDate>Mon, 03 Nov 2014 01:13:57 +0000</pubDate>

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		<description><![CDATA[That is a great question! There are several reasons why opening a Roth makes sense. The first is that the minimum distribution and withdrawal requirements are much less strict than in traditional IRA&#039;s, and can have beneficiaries to receive the balances when you pass. This type of IRA will allow you to take money out without penalties under the right circumstances where a traditional IRA won&#039;t. They are also  great to have because they are not taxable income when you do start taking cash from them. The funding for your Roth is done after-tax, and the earnings are also tax favored, making this a great investment vehicle. I hope that helps, thanks for asking!]]></description>

		

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/retirement-plans/why-should-i-open-a-roth-ira</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Thu, 30 Oct 2014 18:39:13 +0000</pubDate>

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		<description><![CDATA[Any step made to accumulate money for retirement is a step in the right direction.  The money accumulated in a Roth IRA can be withdrawn after 5 years income tax free and without the additional 10% penalty tax if you are over 59.5 years old, have become disabled or are using the money for a first time home purchase.  Additional advantages of a Roth IRA are that there will not be a minimum distribution required when you reach age 70.5, and there are superior estate tax opportunities.]]></description>

		

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