Roth IRA
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
I now realize I should have put it in a Roth IRA so I wouldn’t face double taxation on the money.
From Los Angeles Times
You can’t contribute to an IRA — or a Roth IRA, for that matter — if you don’t have earned income.
From Los Angeles Times
A word of caution from Charles Schwab: “A Roth IRA conversion can be especially advantageous during your initial years of retirement, when RMDs haven’t yet kicked in and you’re most likely to be in a lower tax bracket as compared to your working years. But if you’re already receiving retirement benefits, converted funds could increase your taxable income.”
From MarketWatch
As a result, some taxpayers are considering doing Roth IRA conversions because the higher deductions can shelter the taxable income these transfers generate.
Yes, they could use this $30,000 deduction to offset taxable income of $30,000 from a Roth IRA conversion.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
