Answer:
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Step-by-step explanation:
Roth IRA
A personal tax-free retirement savings account is called Roth IRA, which offers that individual a tax-free withdrawal and growth for that specific savings. It also offers tax-free investment options. Unlike other funds, Roth IRA is less restrictive. However, Roth IRA cannot be a stock or assets. Some of the benefits of Roth IRA are - Lower taxes while retiring, No minimum required distributions, etc.