ROTH IRA’s for residents living in Washington D.C.
For more information about Washington D.C. ROTH IRA’s, click here.
We believe that ROTH Ira’s are a staple to any investment portfolio and if you can pay the tax now, for tax free later, then a ROTH IRA is for you. With any IRA, you can choose stocks, bonds, ETF’s, mutual funds and Annuities. We only offer Roth Annuities because of the unique characteristics of Annuities. Once interest is credited in your ROTH IRA, the value cannot go down. The Interest is locked in and continues earning interest though compounding. Below is a little primer about ROTH IRA’s.
Most carriers require a minimum of $2k to start a qualified plan such as a ROTH IRA. See all of the rules and options below and feel free to contact us about your options.
A Roth IRA is an IRA that, except as explained below, is subject to the rules that apply to a Traditional IRA.
The same combined contribution limit applies to all of your Roth and traditional IRAs. Your Roth IRA contribution might also be limited based on your filing status and income.
Limits on Roth IRA Contributions based on modified AGI
Additional Resources:
Details about Roth IRAs are contained in Publication 590, Individual Retirement Arrangements (IRAs) and include:
Differences Between Roth IRAs and Designated Roth Accounts