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Roth IRA Questions

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Learn about Roth IRA

Created Date 10.16.19
Last Updated 10.16.19
Viewed 12 Times
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  • In most cases, contributions are tax deductible
  • There are no annual income limits on contributions
  • Contributions are not tax deductible
  • You must make annual withdrawals from your IRA after you turn 70 1/2.
  • In 2018, you can contribute up to the limit if your gross income is less than $135,000 f
  • No withdrawals are required if you are the original owner.
  • You must pay taxes on withdrawals in retirement.
  • You are not taxed on withdrawals in retirement