Debunking these myths can show the true benefits of a Roth IRA.

A 401(k) gets a lot of attention when it comes to retirement accounts (rightfully so, in many cases), but it's not the only great option. IRAs are also great choices and can be the perfect complement to your 401(k) or other retirement income sources like Social Security .

Roth IRAs, in particular, are great options because of their unique tax breaks. You contribute after-tax money and then have the chance to take tax-free withdrawals in retirement. It's a tax break that can easily save you thousands.

Unfortunately, Roth IRAs aren't the easiest retirement accounts to understand because of their rules, but fear not -- we're going to debunk a few Roth IRA myths that hopefully clear up some confusion.

Myth 1: A Roth IRA is

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