Key Points Unlike a 401(k) or traditional IRA, Roth IRAs allow you to take tax-free withdrawals in retirement. Also know that you can withdraw contributions, but not earnings, at any time from a Roth IRA. High earners have workarounds that allow them to also contribute to a Roth IRA via a backdoor method. The $23,760 Social Security bonus most retirees completely overlook › Arguably, the best way to financially prepare for retirement is by taking advantage of retirement accounts. It's a way to ...