Roth IRA
An IRA with after-tax contributions, tax-free growth, and tax-free withdrawals in retirement.
Why it matters
2025 limit: $7,000 (plus $1,000 catch-up for 50+). Direct contributions phase out at higher incomes ($150k–$165k single; $236k–$246k married filing jointly). No required minimum distributions during the original owner's lifetime — the most flexible retirement account.
Learn deeper
PF101 — Traditional IRA vs. Roth IRA
See also
Educational only — not financial, tax, or legal advice.