
A Roth IRA has no required minimum distributions while the account owner is alive. Inherited Roth IRAs, however, do have minimum distributions. The program calculates these for you automatically.
The other hallmark of the Roth IRA is that distributions are generally free of income tax. This isn’t always true, but, generally speaking, as long as you don’t distribute the growth within the first five years of the Roth IRA being set up, all funds are distributed free of income tax. Here are more details.
Analyzing Roth IRA Conversions (conversions of IRAs to Roth IRAs) is one of the most significant uses of this program.
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