What is an IRA Roth account?

Answer An IRA Roth account is a retirement account which individuals can contribute to with income that has already been taxed. You can withdraw money from your IRA once you turn 59 1/2 or earlier if you ... Read More »

Top Q&A For: What is an IRA Roth account

How to Calculate the Value of a Roth IRA Account?

A Roth IRA is a retirement savings plan where contributions to the plan are not tax free, but earnings and distributions from the plan are tax free. A Roth IRA works similar to an annuity, so to fi... Read More »

When can I take money out of my Roth account?

On One Hand: Any Time You ChooseYou can take money out of your Roth IRA at any time. Contributions can be removed without penalty. But if you withdraw earnings early, you must pay income taxes on t... Read More »

Roth Account Information?

Roth accounts are retirement instruments that allow contributions to be made with after-tax dollars. They offer an alternative to the pretax savings of traditional retirement accounts. Roth account... Read More »

How to Fund a Roth Account?

Congress passed the Tax Payers Relief Act in 1997. With it, the Roth IRA emerged as a tax-free supplemental retirement account structure. While the Roth IRA follows all rules and regulations of tra... Read More »