Rates Current as of Wednesday February 08, 2012

Roth IRA

An alternative to a traditional IRA. The most notable thing about a Roth is withdrawals are tax-free if the account has been open for at least five years and you’re at least 59 1/2 when you start to withdraw money. Contributions to a Roth are not tax deductible. The Roth is named for Sen. William Roth, Jr., former chairman of the Senate Finance Committee.

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