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.
Investors paid taxes on the account gains only when they withdrew the money. At retirement age, in theory, the tax rate on these gains would be lower because you were no longer earning money from employment. Federal lawmakers later came up with a new version of the account known as the Roth IRA.