Roth IRA

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.

Word History and Origins

Origin of Roth IRA¹

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

Example Sentences

She would not have to take distributions from a Roth IRA she inherits from you.

From Los Angeles Times

On the upside, it’s not too late for taxpayers 50 and older to make catch-up contributions to their traditional or Roth IRA for tax year 2023.

From Seattle Times

This year, Huaman plans to convert her tax-advantaged personal savings plan into a Roth IRA, from which she can withdraw contributions, generally without paying taxes or penalties.

From Los Angeles Times

You might benefit from converting some savings to a Roth IRA or offsetting capital gains by claiming losses.

From Seattle Times

Even if you aren’t combining finances, you must understand your partner’s financial situation so you can organize your tax planning, from tax bracket management to Roth IRA conversions.

From Seattle Times