The wrong move when changing jobs can cost you thousands in taxes, penalties, and forfeited employer matches.
The Roth IRA account, created by the Taxpayer Relief Act of 1997, allows individual investors to save for retirement. The contributions to the account are not tax deductible, as is the case traditional IRA's; rather, the gains on investments held in a Roth IRA are tax-free. We can answer your questions about Roth IRA accounts, contribution limits, and retirement.
Roth IRA account owners are aware they can be hit hard with penalty fees if they withdrawal money early. Fortunately, there are ways to avoid these fees if an emergency or other situation arises.
Large or small, The Wormser Firm treats each client with
the same responsiveness, attention to detail and personal
concern for their financial well-being.
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- All Rights Reserved.