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 Who is qualified to open a Roth IRA?

Answer A Roth IRA is a special type of IRA that allows you to make contributions with after-tax dollars instead of taking a tax deduction for your contribution like a traditional IRA. In exchange, you can... Read More »
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Top Q&A For: Who is qualified to open a Roth IRA

What is a qualified distribution from a roth ira?

Roth IRAs are a special type of individual retirement account that does not offer a tax deduction for contributions, but does not tax earnings as long as the distributions are qualified.Contributio... Read More »
http://www.answerbag.com/q_view/1897637

How to Roll From a Qualified 401K to a Roth IRA?

When you retire or stop working for a company, it may be a good idea to roll your 401K savings into a new fund. While keeping your funds in the current 401K may be an option, sometimes there are ex... Read More »
http://www.wikihow.com/Roll-From-a-Qualified-401K-to-a-Roth-IRA

What is a qualified withdrawal from a Roth 401k?

A Roth 401k is a retirement account that allows you to withdraw money tax free at retirement. In order to be qualified, withdrawals must meet both time in the account and age restrictions.Time Fram... Read More »
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Who can open a Roth IRA?

A Roth IRA can be opened by a person who receives U.S. taxable income. Roth IRA contributions are not subject to the age limit of 70 1/2 years imposed on traditional IRAs. The Internal Revenue Serv... Read More »
http://www.answerbag.com/q_view/2109749


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