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rothas are powerful accounts they help you save for retirement and become tax-free millionaires where the money you put in grows tax-free and youamp;#39;re able to take it out without paying any of that to the government in the future it is a great way to save for your future but there are some things you need to know before you open a Rother a if you are thinking about opening one of these accounts letamp;#39;s talk about some of the things you need to know before you get started first you need to know all of the rules about who can actually open one of these accounts Roth IRAs are individual retirement accounts and they do have a lot of rules about who can contribute what they can contribute and how much so before you open one you need to know basically if youamp;#39;re eligible to even open one of these accounts every year there are limits on the amount of money that you can earn in order to qualify to contribute to this account you have to earn less than these limits that are se