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Roth IRA

A Roth IRA is a type of retirement account that allows you to save for retirement on a tax-free basis. Contributions to a Roth IRA are made with after-tax dollars, and you can withdraw the money you've saved in the account tax-free after age 59 1/2 as long as you've had the account for at least five years. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to roth ira.

Designated Roth Accounts: Definition, Mechanics, and Tax Benefits Thumbnail

Designated Roth Accounts: Definition, Mechanics, and Tax Benefits

Alessandra Nicole

Pretax Contributions: A Comprehensive Guide How To Maximize Tax Savings Thumbnail

Pretax Contributions: A Comprehensive Guide How To Maximize Tax Savings

Silas Bamigbola

Qualified Retirement Plans: Meaning and Types Thumbnail

Qualified Retirement Plans: Meaning and Types

SuperMoney Team

Required Minimum Distribution (RMD): What It Is and How to Calculate Thumbnail

Required Minimum Distribution (RMD): What It Is and How to Calculate

Silas Bamigbola

IRA Recharacterization: Understanding, Examples, and FAQs Thumbnail

IRA Recharacterization: Understanding, Examples, and FAQs

SuperMoney Team

Salary Reduction Contributions: Definition, Benefits, and FAQs Thumbnail

Salary Reduction Contributions: Definition, Benefits, and FAQs

SuperMoney Team

IRA Rollover: Types, Examples, and Benefits Thumbnail

IRA Rollover: Types, Examples, and Benefits

Silas Bamigbola

Individual Retirement Accounts: Types, Benefits, and Key Insights Thumbnail

Individual Retirement Accounts: Types, Benefits, and Key Insights

Silas Bamigbola

Extended IRA: Exploring Its Legacy and Alternatives Thumbnail

Extended IRA: Exploring Its Legacy and Alternatives

SuperMoney Team

HERO Act: Benefits, Eligibility, and FAQs Thumbnail

HERO Act: Benefits, Eligibility, and FAQs

SuperMoney Team

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Learn About Roth IRA

Thumbnail for Blog Article: Gen X's $1.24 Million Retirement Gap: The Numbers, and How to Close It

Gen X's $1.24 Million Retirement Gap: The Numbers, and How to Close It

SuperMoney Team

Thumbnail for Blog Article: Free Financial Calculators: Mortgage, Retirement & Home Equity

Free Financial Calculators: Mortgage, Retirement & Home Equity

Andrew Latham

Thumbnail for Blog Article: Behind on Retirement Savings? How to Reboot Your Retirement Plan

Behind on Retirement Savings? How to Reboot Your Retirement Plan

Jessica Walrack

Thumbnail for Blog Article: Defined Benefit Vs Defined Contribution Plans

Defined Benefit Vs Defined Contribution Plans

Camilla Smoot

Thumbnail for Blog Article: Secret of Retirement Savings: Making Up For Lost Time?

Secret of Retirement Savings: Making Up For Lost Time?

Jessica Walrack

Thumbnail for Blog Article: Can I Contribute to an IRA and my 401k?

Can I Contribute to an IRA and my 401k?

Benjamin Locke

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About Roth IRA

A Roth IRA is a type of retirement account that allows you to save for retirement on a tax-free basis. Contributions to a Roth IRA are made with after-tax dollars, and you can withdraw the money you've saved in the account tax-free after age 59 1/2 as long as you've had the account for at least five years.