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Money Management Glossary Definition (English)

Roth Ira Defined
The following is in context to Money Management, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"The Roth IRA is a variation on a traditional IRA which allows you to withdraw your earnings completely tax free any time after you reach age 59 1/2, provided your account has been open at least five years. You may also be able to withdraw money earlier without penalty if you qualify for certain exceptions, such as using up to $10,000 toward the purchase of a first home. And since a Roth IRA has no required withdrawals, you can continue to accumulate tax-free earnings as long as you like. You can put up to $3,000 of earned income (pre-tax) into your Roth IRA."
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