What Exactly is a Roth IRA — and Why Should You Have One?

When investors are deciding where to stash their cash for retirement, there are several options.

Americans rely more and more on saving in their employer-sponsored 401(k) plans — which are heavily funded by tax-deferred salary deferrals from the employee and tax-deferred employer matching contributions.

Once employment ends, these 401(k) plan accounts are often rolled over into an individual retirement account for purposes of managing the portfolio and continuing the tax advantages previously enjoyed in the 401(k).

Read full article on CNCB.