A look at Wednesday's action. about 11 hours ago | David Schoenfield | ESPN.com. Stanton crushes 448-foot shot off King Felix Giancarlo Stanton wins this matchup with Felix Hernandez in style going deep with a 448-foot solo homer. about 18 hours ago.
Tax-Free Growth with the Roth IRA. One of the reasons that the Roth IRA is such a great retirement savings tool is that your money grows tax-free. When you contribute money to your Roth IRA, it goes into investments of your choosing, and you arenât taxed on your earnings.
The money you contribute to your Roth IRA grows tax-free. You do not have to pay any taxes on the earnings in the account. In fact, you do not even report the income to the IRS. Even in retirement, when you ideally first access your Roth IRA money, you do not owe taxes on the distribution.