The Roth IRA as an Emergency Fund

ROTH IRA Emergency FundA recent Pew Charitable Trusts study released in March came to the scary conclusion that roughly one-third of Americans would have trouble coming up with $2,000 in the event of an emergency. Clearly, this is a problem. Try as one might, emergencies are bound to happen from time to time. Some of them may not have an impact on your finances, but many emergencies will. With that in mind, let’s talk for a moment about the Roth IRA as an Emergency Fund

So what makes the Roth IRA such a great emergency fund? Quite simply, it has the capacity to “check all the boxes” an emergency fund should have, and then some.

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