Roth IRA
DefinitionA new type of IRA, established in the Taxpayer Relief Act of 1997, which allows taxpayers, subject to certain income limits, to save for retirement while allowing the savings to grow tax-free. Taxes are paid on contributions, but withdrawals, subject to certain rules, are not taxed at all.
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Roth IRA is ...
... part of the Retirement and Taxes subjects.
... part of the Retirement and Taxes subjects.
... an essential investing term.
Related Terms
Roth 401(k), deferral of taxes
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