articles

A Roth IRA is an individual retirement account that investors fund with contributions from income that has already been taxed. Contributions therefore are not eligible for a tax deduction, but as long as the account owne... More »

www.reference.com Business & Finance Financial Planning

As of 2015, individuals may contribute up to $5,500 annually to their Roth IRA, states the Internal Revenue Service. This is the total amount that may be contributed to all of a person's traditional and Roth IRAs. Indivi... More »

www.reference.com Business & Finance Taxes

Grandparents can invest in Roth IRAs for their grandchildren as long as the children have an earned income and the accounts are in the grandchildren's names. Brokerage firms have their own rules about whether grandparent... More »

www.reference.com Business & Finance Financial Planning
similar articles

There are three ways to convert a 401(k) to a Roth individual retirement account (IRA) and these are same trustee transfer, trustee-to-trustee transfer and 60-day rollover, notes the Internal Revenue Service website. Rot... More »

www.reference.com Business & Finance Financial Planning

Roth IRA account holders of any age can withdraw contributions at any time without taxes or penalties, reports About.com. However, earnings on contributions to Roth accounts are subject to early withdrawal penalties unle... More »

www.reference.com Business & Finance Financial Planning

In many respects, the Roth and traditional 401(k) individual retirement accounts (IRA) are very similar, and the main difference between the two has to do with taxes; with a Roth 401(k), the account holder pays contribut... More »

www.reference.com Business & Finance Financial Planning

A Roth IRA is a type of investment savings account that lets an investor invest money for retirement without paying taxes on the money after funding the account, notes CNN Money. Investors fund their Roth IRAs with after... More »

www.reference.com Business & Finance Financial Planning