WebJul 15, 2024 · A widely-used strategy is to convert a traditional IRA to a Roth IRA. You pay taxes on the converted balance at today’s tax rates. Future distributions from the Roth IRA are tax free to both you ... WebJun 24, 2024 · Peter Thiel, one of Paypal's founders, had $5 billion in a Roth IRA as of 2024, after a value of under $2,000 in 1999, according to a new ProPublica report.
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WebSep 16, 2024 · Dustin Moskovitz, the co-founder of Facebook whose net worth is more than $27 billion, has a Roth IRA that holds about $285 million in shares of Asana Inc., the task-management software company... WebSep 30, 2024 · September 30, 2024 / 7:33 AM / MoneyWatch. The Roth IRA was designed more than two decades ago as a way for middle-class workers to set aside money for retirement. People earning less than $95,000 ... restaurant supply long island
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