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@mitchrad I also want to add that ROTHs don't have RMDs, so you can draw from them last in retirement, use for long-term care, or pass down by which heirs will pay no taxes.

@mitchrad In addition to what the others have said as far as tax savings, retirement accounts are protected from debt collection and not counted as assets for certain programs, ROTHS grow tax free if you can't do an IRA.