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

‘Spend $50 on a gift, put $50 into your Roth IRA.’

From MarketWatch

“Spend $50 on a gift, put $50 into your Roth IRA,” she said.

From MarketWatch

I’d write things like, “Hey, I’m in college as a finance major, but I’m starting my own financial path now. My mom told me about this thing called the Roth IRA. I’m opening it up at 18 years old. Here’s why maybe you should check this out too.”

From MarketWatch

That means coordinating flows of income, withdrawals, Roth IRA conversions, charitable giving, capital gains, and equity compensation so that your income lands in the optimal tax bracket over time.

From Barron's

If they can instead pay for their medical expenses out of pocket, then the HSA becomes like a tax-deferred savings account that is even better than a Roth IRA.

From Barron's