Roth IRAs have become popular retirement savings vehicles because if certain conditions are satisfied, distributions from Roth IRAs are completely free from federal income taxes.  Is a Roth IRA right for you?  The answer is a complicated one, and it depends on your particular situation, including whether you believe you will be in a higher tax bracket in the future.

This webinar on Roth IRAs will help you understand:

• The difference between Roth IRAs and Traditional IRAs
• The conditions that make Roth IRA distributions free from federal income tax, and contribution rules for Roth IRAs
• Ways convert a traditional IRA and/or employer retirement plan to a Roth IRA
• How to calculate the conversion tax

Presented by Wealth Management at UW Credit Union 

A Roth IRA offers tax deferral on any earnings in the account. Qualified withdrawals of earnings from the account are tax-free. Withdrawals of earnings prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Limitations and restrictions may apply.