Roth IRA Enrollment Workshop: Thursday, April 26 at 3:00 pm in the Pierce Faculty Room
Reasons for Establishing a Roth IRA:
- Portability – If you choose to leave the PSB for another school district or even change careers, you can continue contributing to the Roth from anywhere in the world.
- Profitability – A 30 year old who contributes $3,000.00 each for thirty years will amass the tidy sum $340,000.00 by age 60, assuming an 8% rate of return.
- Tax-free stream of income – You don’t pay a penny in taxes when you withdraw money from your Roth in retirement and it never impacts your tax bracket.
- Flexibility – You can withdraw funds for a home down payment and make penalty-free withdrawals for postsecondary education expenses
Cut to chase enrollment: You can fill out Roth IRA enrollment form for either Vanguard or Fidelity before coming to the workshop to speed up the process. I’ll walk you through the investment choices and answer any questions.
https://vanguard.com/pdf/0071.pdf
https://accountopening.fidelity.com/ftgw/aong/aongapp/accountSelectorEntry#1524433605649
Bob Miller, BEU Financial Consultant: odysseus7@comcast.net
