Roth IRA

American  

1. an individual retirement account in which investments are made with taxable dollars, but earnings are tax-free and withdrawals are tax-free after age 59 1/2.

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Etymology

Origin of Roth IRA

1997; after William V. Roth, Jr., senator from Delaware

Example Sentences

That’s why he urges students earning any income from after-school jobs to set up a Roth IRA once they turn 18, rather than wait until their careers begin.

From The Wall Street Journal

Do I take out a $400K mortgage or use my Roth IRA?

From MarketWatch

For the rest, I could take $400,000 out of an inherited Roth IRA that must be liquidated within 10 years.

From MarketWatch

You’ve obviously worked hard to build up that equity in your home, and you also have $400,000 in an inherited Roth IRA.

From MarketWatch

In this case, however, I don’t think it makes sense to liquidate your Roth IRA.

From MarketWatch