Fact Check Finance: Mitt Romney has $102 million in a Roth IRA?

roth ira
I recently saw a post on Instagram shared by a personal finance coach berating anyone not taking advantage of a Roth 401(k). He used Mitt Romney’s $102 million individual retirement account (IRA) as the basis for the statement. Unfortunately, he was misinformed. That’s not a Roth 401(k) First, Mitt Romney has an IRA, not a 401(k), estimated between $20 million and $102 million. Further,...
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Start Contributing to a Roth IRA If You Aren’t Already

Start contributing to a Roth IRA before it's too late.
You may want to start contributing to a Roth IRA if you aren’t already — it make sense following the enactment of the Tax Cuts and Jobs Act.
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