Roth Individual Retirement Account (IRA)
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A Roth Individual Retirement Account (IRA) is an U.S. account that is an untaxed account.
References
2018
- (Wikipedia, 2018) ⇒ https://en.wikipedia.org/wiki/Roth_IRA Retrieved:2018-10-25.
- A Roth IRA (individual retirement account) plan under United States law is generally not taxed, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free, and growth in the account is tax-free.