Has something to do with mortgages, insurances, investments etc...
2006-11-09 09:28:53 · 4 answers · asked by Jetta Cookie 1 in Business & Finance ➔ Renting & Real Estate
Are you thinking of a ROTH IRA? It is named after the author of the bill allowing/creating this type of investment that allows for tax free withdrawals at retirement because the contributions have already been taxed. Unlike a traditional IRA where the contributions are pre-tax and you pay the taxes once you begin withdrawing at retirement.
Roth was the legislator who contrived this investment.
2006-11-09 09:35:04 · answer #1 · answered by Trust no 1 3 · 0⤊ 0⤋
Roth was the name of the guy who came up with the idea for tax-free Individual Retiremenr Funds. Roth IRA.
2006-11-09 17:31:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Senator William Roth (Republican from Delaware) introduced the IRA named after him. It's got a lot of tax advantages and is a good way to save and invest for your retirement years.
2006-11-09 17:42:00 · answer #3 · answered by ? 6 · 0⤊ 0⤋
you're probably referring to ROTH IRA, retirement accounts
2006-11-09 17:37:40 · answer #4 · answered by Special K 4 · 0⤊ 0⤋