Roth IRA Financial Glossary

What is it? A tax-deferred retirement account. Contributions to a Roth IRA are not tax deductible, but there is no tax on withdrawals as long as the taxpayer is age 59 and the account has been open for five years.

Finance Term Definition Added By: Parker

Send To Friends!

If you'd like to send the Roth IRA definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Roth IRA. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Exchange rate is The value of one currency against another. Market sentiment and certain economic fundamentals such as the difference between the two countries inflation and interest rates determine the level.

Financial Term Title is A legal document that provides a history of ownership and entitlement by the current owner.

Financial Term Secure Socket Layer (SSL) is A computer technology enabling secure, encrypted, authenticated communications across the Internet. SSL is intended to provide three important things - privacy, authentication, and message integrity.

Financial Term Payor is The person, company, or government responsible for making payments on an income stream.

Financial Term Footnote G is To be used if the funds capital gains figure includes short-term gains