What is a Roth IRA and why should you consider it?

If you're looking for a tax-efficient way to save for retirement, a Roth IRA might be the perfect solution. In this article, we will explore the concept of a Roth IRA, its benefits, eligibility criteria, steps to open one, and factors to consider. So, let's dive in and discover why a Roth IRA could be a valuable addition to your retirement savings plan.