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Roth IRA withdrawals are taxfree from "summary" of The Power of Zero, Revised and Updated by David McKnight
Roth IRA withdrawals are tax-free. This means that when you withdraw money from your Roth IRA in retirement, you won't owe any taxes on that money. This is a significant advantage because taxes can eat up a significant portion of your retirement savings. With a Roth IRA, you get to keep all of the money you withdraw, which can make a big difference in your standard of living in retirement. The tax benefits of a Roth IRA are possible because you contribute after-tax money to the account. This is different from a traditional IRA, where you contribute pre-tax money and pay taxes on the withdrawals. With a Roth IRA, you pay taxes upfront, but you get the benefit of tax-free withdrawals in retirement. This can be a smart strategy if you expect your tax rate to be higher in retirement than it is now. Another advantage of Roth IRA withdrawals being t...
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