This is a great visual of the power of Roth accounts ... phased out of Roth IRA eligibility, a traditional IRA still offers tax-deferred growth.” If you have access to a health savings account ...

IRA CDs have a fixed rate of return for a specified period of time, making them a solid option if you're looking for predictable growth. They tend to offer higher APYs than regular bank CDs ...

Roth IRAs offer tax-free growth; contributions are taxed upfront, benefiting those who expect to be in the same or a higher tax bracket in the future. You can invest Roth IRA funds in stocks ...

In a pinch, the original contributions (excluding the growth) can be withdrawn tax and penalty-free at any time. If they were to withdraw earnings from the IRA before they reach the age of 59 ½ ...