A Roth IRA is an individual retirement account under United States law that is generally not taxed upon distribution, provided certain conditions are met. Its principal difference from most other tax advantaged retirement plans is that rather than granting an income tax reduction for contributions, qualified withdrawals from a Roth IRA are tax free and the growth in the account is tax free as well.
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A Roth IRA is an individual retirement account funded with after-tax contributions, a standard personal-finance and retirement-planning vehicle within finance practice.
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1. Roth IRA (Wikipedia)
WikipediaLead section
A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met.
Lead paragraph
The Roth IRA was introduced as part of the Taxpayer Relief Act of 1997 and is named for Senator William Roth.
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