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Old 03-26-2020, 10:52 AM   #28
CRedskinsRule
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Join Date: Aug 2008
Age: 57
Posts: 21,532
Re: stocks in meltdown mode

Quote:
Originally Posted by Giantone View Post
Check out an ROTH IRA.


"A Roth IRA is an individual retirement account that offers tax-free growth and tax-free withdrawals in retirement. Roth IRA rules dictate that as long as you've owned your account for 5 years* and you're age 59½ or older, you can withdraw your money when you want to and you won't owe any federal taxes."



Almost all firms offer them
That is how I set the Ameritrade account i used for Dell as. My understanding is it is the best retirement vehicle there is.
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