How to Invest in a Roth IRA

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Invest in a Roth IRA by putting away money for retirement and paying taxes at the same time, so that withdrawn money is tax free. Visit the IRS Web site to learn about the various tax codes associated with Roth IRAs with information from a registered financial consultant in this free video on individual retirement accounts.

Part of the Video Series: Money Management & Personal Finance
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Video Transcript

This is financial adviser, Patrick Munro, talking about How to Invest in a Roth IRA. A Roth IRA is technology that was developed where individuals can put away money and pay taxes as they do so. The net result of that is, at a future time in life when they wish to withdraw the money, they can take it out in a tax free status. It's an excellent way to save for money and pay your tax obligations up front. And this makes for a quality lifestyle when you are retired, where you're able to receive these dollars in a tax free format. Investing in a Roth is available through mutual funds, CDs, annuities or any other type of investment that is IRS qualified. For more information on Roth strategies, you can always go to the IRS website, which is at IRS.gov, and it will explain to you the various tax code and things of that nature that are tied around the Roth strategy. This is financial adviser, Patrick Munro, talking about how to invest in a Roth IRA.

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