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Roth IRA

   Also found in: Financial, Wikipedia 0.03 sec.
Roth IRA  (är-)
n.
A modified individual retirement account in which a person can set aside after-tax income up to a specified amount each year. Earnings on the account are tax-free, and tax-free withdrawals may be made after age 59 1/2 .

[After William Victor Roth, Jr. (1921-2003), U.S. congressman.]


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