A Roth IRA does not offer any tax advantage on the contribution,but it grows tax-free and all withdrawals over age 59 ½ (providing the account has been open over 5 years)are tax-free.

Question

Quizplus · Accepted Answer

A Roth IRA does not offer any tax advantage on the contribution, but it provides tax-free growth and tax-free withdrawals in retirement after meeting certain requirements.

A Roth IRA Does Not Offer Any Tax Advantage on the Contribution,but