Start Simple with A Roth IRA

Perhaps one of the best investment options out there, Roth IRAs have been a stable way to ensure that by the time you retire, you can expect quite a large sum of money. Unlike your typical IRA, any deposit into your Roth IRA is subject to tax prior to being deposited into your account.

While this may sound off-putting initially, this is actually the account’s biggest draw. After said money has been taxed and deposited, any growth and withdrawal are pretty much tax-free. Thus, you can have a big sigh of relief, as your large investment is pretty much as-is upon withdrawal, without any incurred losses. Of course, you can still lose money in a Roth IRA, as is with any method of investing your money.