GPS: 27 South Valley Road, Paoli, PA 19301. 40.0407,-75.4832. You're going to like it here. From the natural beauty of Chester County PA to the convenience and excitement of the Main Line, Village Square is a great place to live. It's a lifestyle that combines a spectacular location, low maintenance and generous features with abundant shopping, easy walkability and access to public transportation.
Most people are eligible to start a Roth IRA. But your eligibility for a Roth IRA may be affected by your income. If you earn too much, you may not be able to contribute. The chart below shows the limits for 2016. For 2016, you can contribute $5,500, in total, to all your IRAs. You can contribute $6,500 if you are older than 50.
Opening a Roth Individual Retirement Account is an excellent way to save for the future while simultaneously taking advantage of certain tax benefits. Investors planning to open a Roth IRA can choose from multiple providers. While some providers require investors to provide a minimum deposit when they open the account, others do not. A Roth IRA is a retirement account that allows funds to grow tax-free until the holder reaches age 59 1/2. Unlike the contributions made to a traditional IRA, the contributions made to a Roth IRA are not tax deductible.