The Roth IRA (individual retirement account) is loaded with attractive benefits that can make it a bit easier to fund a tax-free lifestyle later. Unfortunately, the road to success isn’t always easy if you don’t truly understand how a Roth IRA works and how you can maximize your perks.
If you’re just getting started with a Roth IRA or have no idea how to take full advantage of it, here are some common mistakes to avoid this year if you want to tap into its wealth-building potential. Don’t let these blunders keep you away from the retirement of your dreams.
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