Entry from US English dictionary
Definition of Roth IRA in English:
An individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 59½ are tax-free.
Created in 1997 and named for Senator William Victor Roth II (1921–2003) of Delaware, who proposed this in Congress.
Definition of Roth IRA in:
- US English dictionary
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