Retirees can stretch their savings with Roth IRAs

02-Nov-2015 #Globalwealth Source: Detroit News

60-somethings in retirement are suggested to move some money out of an IRA and into a Roth IRA since once the money is under Roth IRA, you don’t owe taxes on it again but are charged only in the year and on the money you shifted from the IRA to Roth IRA.

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