Roth IRA

A Roth IRA is an individual retirement account (IRA) in the United States. A Roth IRA may invest in a variety of options such as stocks or mutual funds. As with all IRAs, there are specific elegibility and filing status requirements mandated by the U.S. Internal Revenue Service. A Roth IRA's main advantage is its tax structure. Contributions are made post-tax; earnings and withdrawals are federal income tax free. In contrast, contributions to a traditional IRA are made pre-tax and earnings are tax free, but withdrawals are subject to tax. Another advantage of the Roth IRA is that there are fewer restrictions on withdrawals than with a traditional IRA.

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Roth IRA contributions are limited as follows:

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The Roth IRA is named after its chief legislative sponsor, the late U.S. Senator William Roth.

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Individual retirement account: An Individual Retirement Account or IRA is a retirement plan account that provides some tax advantages for saving for retirement in the United States. There are a number of different types of IRAs, some being employer provided plans and others usually only being set up by an individual. The types i...

United States: :For other uses, see US (disambiguation), USA (disambiguation), and United States (disambiguation)....

Stock: :See stock (disambiguation) for other meanings of the term stock...

Roth IRA related Images and Photos (experimental)

Asher Roth: Asleep in The Bread Aisle	David Lee Roth Rolling Stone no. 445 April 11 1985	Navajo Shepherdess. Ira Diamond Gerald Cassidy	David Lee Roth: Strummin' with the Devil
David Lee Roth: Strummin' with the Devil	David Lee Roth: Strummin' with the Devil	David Lee Roth: Strummin' with the Devil