roth ira benefits

Roth IRA Benefits: No RMD, No Taxes!

by kristine on December 8, 2010

If you have a traditional IRA and you are over age 70 ½ then you are required to take a minimum distribution each year, otherwise called an RMD.  The sole purpose of the RMD is to generate tax revenue.  At some point the IRS realized that some people did not need the money in their [...]