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Some retirement accounts are designed for whom that have high income. But this is not prevailing in Roth IRA. Roth IRA is not suited for people that want to save their money in large amount.  Because of that reason, the Roth IRA is fitted for people in middle class society based on income.

Why Roth IRA? Roth IRA use strict regulation for people whom will invest their money in retirement accounts. You will only allow signing up the account if your income is no more than US$122.000 per year if you are single and no more than US$177.000 per year if you are married. Every year, you will only able to save maximum US$5000. This rule maybe encumbers people who want to save more. But in the other side, that rule can be solution for people who hasn’t high income to still have retirement account. Actually, by save US$5000, you will make your money increase up to four times if you save for forty years.

The limitation of amount of money that can be saved is not a problem anymore. For people who want save more money, we can trick it by open several accounts. The Roth IRA doesn’t restrict how much account that we can have. If you want to save more, you can apply for different account, but you must have different source of income such as rental income, business investment, and many more.  So, in facts, this rule does not encumber anyone if we know how to manage it smartly.