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ROTH IRA

The bucket you pay tax on now so you do not pay later. There is a yearly cap on what you can put in, and it is meant to be left alone until retirement.

A retirement account funded with after-tax money, where qualified withdrawals in retirement are not taxed.

SEE ALSO

Taxable (regular) account401(k)

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This word comes from the Bidness Academy, a free trading program you can start at zero.

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