The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  https://boards.fool.com/if-she-is-going-to-withdraw-the-funds-in-the-near-31809594.aspx

Subject:  Re: another Roth question Date:  6/28/2015  5:02 PM
Author:  culcha Number:  122841 of 129252

If she is going to withdraw the funds in the near future, what is the use of contributing to a ROTH?

I was thinking mainly of the flexibility that this account would offer -- and the (probably) higher return than could be made by parking the money in a savings account. By flexibility I mean she could take the funds out in three years, say, if she needed them. Or she could let them ride for a dozen or so years if she didn't need them. (It's not that we intend to use the funds quickly, but we have the possibility.)

culcha
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us