Everyone knows it’s important to save for retirement. And yet there are lots of people who don’t have a single dollar saved for when they stop working. Why? The reason may be as simple as they don't know where to start. If retirement is just around the corner or miles away, consider a Roth IRA in 2025.
The best reason to add a Roth IRA to your retirement plan this year is the savings on taxes, with tax-free growth potential, tax-free withdrawals, and more. Even if tax rates rise in the future, contributing to a Roth IRA now not only lets you to lock in the tax benefits at today's rates, but you can avoid higher taxes on withdrawals.
