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 fees are deductible as explained above and you will leave more money in your retirement fund to grow tax-deferred. However, if you are retired and no longer contributing to your IRA or other retirement plan, then you may be better off paying the management fees from inside the retirement account. Thatâs because an advisory fee withdrawn directly from a retirement account is not reported as taxable income. Nor is it tax deductible.