While we’re on the subject of Retirement Plans: Roth or Regular? | My Loans Consolidated, If you are selecting a facility for a loved one, you need to make sure that the residents are healthy and well cared for. The cost of these facilities may be high, and there should be signs that the money is going back to the patients and being used to benefit them, as well as improve the facility.
Roth retirement plan allows you a tax free growth and the earnings are not subject to income tax as long as you have held the account for at least 5 years.
I came across this blog – interesting read
While we’re on the subject of Retirement Plans: Roth or Regular? | My Loans Consolidated, If you are selecting a facility for a loved one, you need to make sure that the residents are healthy and well cared for. The cost of these facilities may be high, and there should be signs that the money is going back to the patients and being used to benefit them, as well as improve the facility.
Roth retirement plan allows you a tax free growth and the earnings are not subject to income tax as long as you have held the account for at least 5 years.