If you are eligible to contribute to a Roth, I strongly recommend you do so. If you are not eligible, consider gifting to your child or grandchild if they are eligible. Roth IRA’s are one of the best long term investment opportunities available.

A Roth IRA is a retirement savings account that allows your money to grow tax-free. You fund a Roth with after-tax dollars, meaning you’ve already paid taxes on the money you put into it. In return for no up-front tax break, your money grows and grows tax free, and when you withdraw at retirement, you pay no taxes.

In order to contribute to a Roth IRA, you must have employment compensation, and then there are income limits.

The deadline for making a contribution for 2014 is April 15, 2015. There is still time: e-mail or call me for more details.