单词 | roth ira |
释义 | Roth IRA in Finance (rɔθ aɪ ɑr eɪ) or Roth individual retirement account Word forms: (regular plural) Roth IRAs noun (Finance: Investment, Retirement) IRAA Roth IRA is a kind of retirement account where contributions are made with taxed money, and distributions are tax-free. This retirement account is named for senator William Roth who sponsored the legislation to introduce it. A Roth IRA allows contributors to invest up to $2,000 per year, and to withdraw the principaland earnings totally tax-free under certain conditions. A Roth IRA is designed to help you save for retirement, allowing after-tax contributions inexchange for the potential for tax-free income in retirement. A Roth IRA is a kind of retirement account where contributions are made with taxed money, anddistributions are tax-free. |
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