Roth IRA Rules

October 29, 2009 by mas1879  
Filed under Uncategorized

Roth IRA Rules
Roth IRA Rules are relatively straightforward, which is a shock coming from the regulation-happy U.S. congress.  A Roth IRA is a type of tax-advantaged retirement account where distributions after a certain age (59 1/2 years old, in this case) are completely tax free.  The trade-off is that contributions are taxed as regular income the year you make them.  This is in contrast with Traditional IRAs and 401k plans where contributions are tax-free when you make them but whose distributions in retir

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