Understanding Roth IRAs

File photo. (MGN)

Are you ready for retirement?  Are you saving all you could be for the future?  Budgeting expert Joni Kearn of Freedom Financial joined us in the studio to talk about contributing to a Roth IRA.

To be eligible for a Roth IRA you must fall within these income limits:

Single: less than $114,000
Married filing jointly: less than $181,000
Married filing separately: less than $10,000