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Roth IRA
(redirected from Roth IRAs)

   Also found in: Financial, Wikipedia 0.01 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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There is also a self-directed version of both the Traditional and Roth IRAs where investors can dictate the types of investments that are held in the retirement account.
It provides an overview of recent regulatory changes for Roth IRAs, including a repeal of prior limitations and the potential benefits and disadvantages.
The contribution levels for both traditional and Roth IRAs will remain the same for 2011, but in some cases, income-eligibility limits will increase slightly to reflect inflation.
 
 
 
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