Collect $5 billion. Do not pay taxes.

Today, Explained

• Episode: Collect $5 billion. Do not pay taxes.
• Website: Today, Explained
• Feed URL: https://rss.art19.com/today-explained
• Duration: 00:29:26
• Published: 2021-08-03 23:27

The Roth IRA was invented by Congress to incentivize middle-class retirement savings. ProPublica’s Justin Elliott explains how venture capitalist Peter Thiel ended up with $5 billion in his. Transcript at vox.com/todayexplained. Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts. Learn more about your ad choices. Visit podcastchoices.com/adchoices