Hello,
I am having trouble grasping the idea that the Roth IRA is so special. I know that the Roth IRA is taxed as you contribute money into and not taxed when you take the money out, but why wouldn't you just skip that step and just invest the money in stocks in a brokerage account and pay the ~15% capital gains tax instead of paying the ~24% income tax on the Roth IRA contributions? I know I am missing something. Is it because if you invest invest the money separately from a Roth IRA you are paying the income tax and the capital gains tax? Can someone please explain to me what I am not getting. Thank you.
Submitted September 08, 2018 at 12:03PM by Notelephone122 https://ift.tt/2oSibL6
