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Prudential Mutual Fund Services LLC a Prudential Financial company For assistance: Clients: (800) 2251852 Financial Professionals: (888) 7785471 Price Financial Professionals: (800) 5427117Beneficiary
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A Roth IRA is a type of individual retirement account that offers tax-free growth and tax-free withdrawals in retirement.
Individuals who have earned income and meet certain income limits are eligible to contribute to a Roth IRA.
To open a Roth IRA, you typically need to choose a financial institution, such as a bank or brokerage, to set up the account and make contributions.
The purpose of a Roth IRA is to provide individuals with a tax-advantaged way to save for retirement.
Contributions to a Roth IRA must be reported on your income tax return, but withdrawals in retirement are not taxable.
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