Generic selectors
Exact matches only
Search in title
Search in content
Filter by Categories
Cryptocurrency Investing
ETC News
Investor Insights Blog
Managing Your Account
Promissory Note Investing
Real Estate
Real Life Examples
Roth IRA
Self-Directed IRA Concepts
Small Business Plans
Tax Insights
Tax-Advantaged Accounts

Self-Directed Roth IRAs

Overview

Created in 1997 by Senator Roth of Delaware, contributions are made with after-tax dollars and are NOT tax-deductible. All funds within the Roth IRA compound tax-free and all withdrawals from the account are also tax-free (as long as the account owner is 59½ and the account has been opened for five years).

One of the benefits of a Roth IRA is that there is no required minimum distribution (RMD). Individuals may contribute as long as they have earned income and meet the modified adjusted gross income criteria. All withdrawals continue to be tax-free (if the account has been open for at least five years).

Anyone who has earned income and falls within the MAGI (Modified Adjusted Gross Income) limits established by the Internal Revenue Service can establish a Roth IRA.

Benefit

Grow your retirement account over time tax-deferred and distributions are tax-free, once certain eligibility requirements are met. There are no yearly tax-deductions with a Roth IRA.

Invest Tax-Free. Retire Tax-Free. Build a Legacy Tax-Free. Learn more in your Roth Account Guide

Get Access Now

2019-2020 Contribution Limits

IRA Contribution Limits, Catch Up Provisions and Contribution Deadlines

2020 IRA Contributions & Deductions Infographic

Infographic summarizing IRS contribution limits and catch up provisions for retirement accounts

Learn More