GYL DictionaryGYL
Retirement

Roth IRA

In plain English

A retirement account you fund with money you've already paid tax on. So when you withdraw it later, every dollar is yours, tax-free.

The analogy

Pay the toll now, drive free for life. Once it’s in, the growth never gets taxed again.

Why it matters to you

Time is the whole advantage here. Starting at 23 instead of 33 can mean six figures more by the time you retire. Same contributions, more compounding.

Put it to work
Retirement Readiness
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Should you fund a Roth this year?
The free Roth Decision Tree answers it in about a minute. Five yes or no questions.

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