Roth IRA Help

Archive for April, 2009

12 Apr, 2009

What is a Roth IRA?

Posted by: admin In: Roth IRA

The Roth IRA was created by the Taxpayer Relief Act of 1997 and it was implemented on January 1st 1998. A Roth IRA is an individual retirement arrangement that allows tax free growth. Roth IRAs greatly differ from traditional IRAs.

One of the most obvious benefits of having a Roth IRA account is that all earnings are tax free when you or your beneficiary withdrawals them. One of the other benefits is that you can avoid the early distribution penalty on some withdrawals, like buying a house for the first time (after you had your Roth IRA account for at least 5 years).


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The purpose of this blog is to provide its visitors with valuable information and articles related to Roth IRAs. How Roth IRAs work and what are the main differences between Roth IRAs and traditional IRAs are just some of its topics.