Want More Tax-Free Income? Max Out Your Roth IRA in 2021!

Want More Tax-Free Income? Max Out Your Roth IRA in 2021!
Charlene Rhinehart, CPA, The Motley Fool
·4 min read

If you're tired of paying taxes on every dollar you earn, you need to explore the benefits of a Roth IRA (individual retirement account). It's a tax-free gift on earnings that comes with built-in benefits you can enjoy now and later. You just have to make sure you have earned income, and that you fall below the income thresholds that prevent some from making Roth contributions.