Roth IRA
Definition
A 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.
 Cite this definition
Related Terms
spousal IRA, recharacterization
Related Research Articles from the InvestorGuide.com University
Retirement
Will you be finally secure during your retirement? You can increase the chances that the answer will be yes by careful retirement planning. This article describes techniques you can use to estimate how much you'll need and offers numerous tips to put you on the path to getting there. We also discuss how asset allocation should change with age, applying for social security benefits, and tax-efficient withdrawals of retirement income.
Estate Planning
Provides a guide to the estate planning process. Includes information on wills, living trusts, irrevocable trusts, and future healthcare decisions.
Social Security
Here we cover the fundamentals of Social Security and how it affects you. Topics include retirement, disability, family benefits, survivors, Medicare, taxes, and health care.
Featured Sponsor
|
|
|
