Think a Roth IRA Is Best? 3 Reasons to Avoid One.
It's not necessarily your ideal retirement account.
Overview
Roth IRAs have earned a reputation as one of the best retirement accounts available, and for good reason. With a Roth IRA, your investments can grow tax-free, and withdrawals in retirement aren't taxed.
Just as importantly, Roth IRAs don't force savers to take required minimum distributions (RMDs). This means you can let your money sit and grow for decades during retirement if you don't need it, allowing you to potentially leave a huge legacy for your heirs.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.