With a Roth IRA, you do not get the immediate benefit of a possible tax deduction now, but when you are allowed to withdraw the money it is not considered income, and you will not be taxed on it. Plus, all of the compounded dividends you have earned may also be withdrawn tax-free.

Withdrawals taken 5 years after establishing the account, provided you are age 59 1/2 or older, may be taken without a penalty.

Start the 5-year countdown by opening your Roth IRA with TCT today.