Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank Roth IRAs were intended to help average working Americans save, but IRS records show Thiel and other ultrawealthy investors have used them t ProPublica

The Roth IRA’s “you can do anything with this wealth tax-free but you can’t withdraw it til you’re 59.5” is gonna interact weirdly with the way the next generation of wealth is gonna be people who inherited in their 40s (myself included), which we can expect to be the midpoint of life, and like, everyone else