Roth IRA
from Chase
If your income meets the requirements, Roth IRAs can be a great way to make after-tax contributions to your retirement. The trade off is that you don't have to pay IRS penalties or income taxes on the investment earnings when you take money out as long as your Roth IRA has been open and funded for at least five years, you're over 59 1/2 or you're taking out money for a mortgage or due to a death or disability.
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Roth IRA Reviews
Oct 16, 2008 7:27 pm
In general, Roth IRAs are better investments for the long run, and this Chase IRA is no exception. While you don't get the benefit of a deduction for contributions, when you do withdraw you money, it comes out tax free. The money can even be accessed by a beneficiary.
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opening an IRA
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Jennifer, Great question! The difference between the two, in essence, in t...
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