Roth IRAs

Roth IRAs

An individual retirement plan that bears many similarities to the traditional IRA, but contributions are not tax deductible and qualified distributions are tax free. Similar to other retirement plan accounts, non-qualified distributions from a Roth IRA may be subject to a penalty upon withdrawal. Read more: http://www.investopedia.com/terms/r/rothira.asp#ixzz2E2pMjgWC.