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Roth IRAs

An individual retirement account that is funded with amounts that have already bene taxed. Earnings grow tax-deferred and qualified distributions are tax-free.


Definition Individual retirement arrangement (IRA) is an umbrella term that covers individual retirement account and individual retirement annuity. These are retirement savings vehicles established by

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A my retirement account (myRA), is a type of Roth IRA. With a few exceptions, the myRA bears features that are identical to a Roth

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IRA Rules