What Is a Roth IRA? A Roth IRA is a special retirement account that you fund with post-tax income (you can't deduct your contributions on your income taxes). Once you have done this, all future withdrawals that follow Roth IRA regulations are tax free
The Individual Retirement Account, or IRA, is a type of savings account, in the United States, specifically designed to contribute for retirement. This savings account is fully managed by the individual.
The Roth IRA is a type of Individual Retirement Account whose contributions are not exempt from tax, but whose annuity is exempt from it.