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What is the Roth IRA?

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In 1998, Congress instituted the Roth IRA, in which the earnings are tax-free but there are no tax-deduction benefits for the contributions made each year.

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Get more facts and information about Individual Retirement Account . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

Similar questions: In what IRA are earnings tax-free? Are contributions to Roth IRAs tax-deductible? What is the Roth Individual Retirement Account? What are the terms of the Roth IRA? [ Hide these questions ]

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