单词 | Roth IRA |
释义 | Roth IRA/rôTH/ /räTH /noun An individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 59½ are tax-free.The earnings distributed from the Traditional IRA, however, will be treated as taxable income, whereas qualified distributions of earnings from a Roth IRA are tax free....
OriginCreated in 1997 and named for Senator William Victor Roth II (1921–2003) of Delaware, who proposed this in Congress. |
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