Roth IRA

A Roth IRA is an individual retirement plan that, except as explained below, is subject to the rules that apply to a traditional IRA. It can be either an account or an annuity. Individual retirement accounts and annuities are described in traditional IRAs.

To be a Roth IRA, the account or annuity must be designated as a Roth IRA when it is set up. A deemed IRA can be a Roth IRA, but neither a SEP-IRA or SIMPLE-IRA can be designated as a Roth IRA. Details about Roth IRAs are contained in Publication 590 Individual Retirement Arrangements (IRAs) and include:

    • Setting up your Roth IRA
  • Contributions to your Roth IRA
  • Distributions (withdrawals) from your Roth IRA.

Investing basics and lots of other tips are included at A Beginner’s Guide to Investing, information provided by the Securities and Exchange Commission.

Watch Managing Your IRA (Text version) for more ideas about investing your IRA

Taxation of pension income – including distributions from Roth IRAs – is covered at Link and Learn Taxes, a self study course on the IRS web site..

More Roth IRA Resources

  • Publication 590 Individual Retirement Arrangements (IRAs)
  • Publication 560 Retirement Plans for Small Business (SEP,SIMPLE, and Qualified Plans)
  • Frequently Asked Questions about Roth IRAs

Web Site Resources

  • is a one stop portal to access all federal government public websites.
  • The latest retirement plan information can be found at
  • General tax information for individuals and businesses is located at
  • Other retirement plan information can be found on the Department of Labor’s Employee Benefits Security Administration (EBSA) site.
  • The Social Security Administration site has information on your Social Security retirement benefit to help you plan your retirement savings strategy.
  • The Securities and Exchange Commission (SEC) has many publications on investing and more.
  • The Federal Deposit Insurance Corporation (FDIC) site explains how to determine whether your IRA account is covered by deposit insurance.

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