This video shows you how to become a tax free millionaire using the Roth IRA

The Roth IRA is the most powerful wealth building tool out there for most people, and I'm going to prove it to you in this video.

With the Roth Roth IRA, you're contributing money that you've already paid taxes on or post tax income.

This means that there's no upfront benefit, like lowering your taxable income for that particular year .

Instead, all of the benefits happen at the end.

After you follow this strategy for 10 years , we can see here that you would have about 111 , $ 1000 in total value in your Roth IRA retirement account.

In terms of your contributions versus your earnings, you've contributed about 175,000 and you've made a little over $500,000 from the stock market.

But as we go forward here, you're going to see this red line accelerating at a faster and faster rate because of the exponential growth factor associated with compound interest.

You can roll over or transfer an IRA and earn a 1% bonus on the entire amount that you bring over.

Your bonus does not count towards your annual contribution limit.

Any bonuses that are earned through the Robin Hood match do need to be kept in the account for a minimum of five years .