Difference between revisions of "Roth IRA"
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| − | + | [[Roth IRA]] is an individual retirement arrangement in which contributions are not tax deductible but the future income and capital gains within these accounts are not taxed if the money is withdrawn after age 59½. | |
==Definitions== | ==Definitions== | ||
According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| − | : | + | :[[Roth IRA]]s. Individual retirement arrangements in which contributions are not tax deductible but the future income and capital gains within these accounts are not taxed if the money is withdrawn after age 59½. |
==Related concepts== | ==Related concepts== | ||
Latest revision as of 18:05, 1 November 2019
Roth IRA is an individual retirement arrangement in which contributions are not tax deductible but the future income and capital gains within these accounts are not taxed if the money is withdrawn after age 59½.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Roth IRAs. Individual retirement arrangements in which contributions are not tax deductible but the future income and capital gains within these accounts are not taxed if the money is withdrawn after age 59½.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
