Individual Retirement Arrangement (IRA)
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
Roth IRAs
Scroll down for Roth IRA content: A Roth IRA is an individual retirement account that is funded with amounts that have already been taxed. Earnings grow tax-deferred and qualified distributions are tax-free. This category includes various content that focuses on Roth IRAs. Please check back often as we add more content.
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IRA
What is a Roth IRA? Everything you need to know.
A Roth IRA is a retirement savings vehicle that can be established by individual taxpayers. The Roth IRA bears many similarities to the traditional IRA as well as some distinct
MyRA
Definition A my retirement account (myRA), is a type of Roth IRA. With a few exceptions, the myRA bears features that are identical to a
Recharacterizations- What Must be Done by the Deadline
Important: The Tax Cuts and Jobs Act of 2017 repealed the option to recharacterize Roth conversions, for Roth conversions done after 2017. As such,
Recharacterizations can be done in-kind
Important: The Tax Cuts and Jobs Act of 2017 repealed the option to recharacterize Roth conversions, for Roth conversions done after 2017. As such,
Roth Conversion Defined
A Roth IRA conversion is a movement of assets from any of the following accounts to a Roth IRA. A traditional IRA A SEP IRA
