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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 »

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The Roth IRA was introduced in 1997 with the passage of the Taxpayer Relief Act of 1997. It is named for Senator William Roth, the chief sponsor of the bill. More »

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As of 2015, the Roth IRA contribution limit is the lesser of taxable compensation or $5,500 for taxpayers under 50 and $6,500 for taxpayers 50 and over, states the Internal Revenue Service. The IRS reduces these limits f... More »

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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 »

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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 »

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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 »

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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