A Roth IRA is an investment account which allows qualified investors to save dollars for their financial future. Individuals must have received qualified income during the respective tax year to fund a Roth IRA account, and their income must fall under the cap established by the IRS; individual filing or joint filing status. Contributions into a Roth IRA are not tax deductible. Qualified distributions from a Roth IRA account are considered tax free.
FAQ Topics:
- Log in to post comments
