Deciding when to retire can be a daunting task in and of itself. Once you’ve made the decision though, you’re likely wondering what’s next?

In the movies, this advice is generally given by a doctor after delivering grave news to a patient. Fortunately, you probably have more than a few months to live, but the advice is still sound.

With Roth IRAs you’re able to direct after-tax savings to this investment account, where it’ll grow tax-free and can be withdrawn tax-free in retirement. So now, more than ever, it might be a good opportunity to evaluate whether Roth IRAs might fit into your financial plan from a tax or estate planning standpoint.

There are many decisions that come into play when planning for a disabled loved one. One solution that can help is a Special or Supplemental Needs Trust (SNT).

Learn about the benefits of Inherited IRAs.