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Can you tell you what roth IRA means?

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The Roth IRA was created by Senator William Roth out of Delaware. What IRA stands for is Individual Retirement Agreement. I have also seen it as Individual Retirement Account.

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Relevant answers:

What is IRA and Roth IRA?
An IRA is an individual retirement Account. A Roth IRA is just a type of IRA. Traditional is another kind.
How can you convert an IRA into a roth IRA?
Yes, this can be done. Typically, the account-owner simply opens a new Roth account and requests the custodian to move the funds at the request of the traditional IRA owner. Penalties will generally...
Can you transfer a husbands Roth IRA to the wifes ROTH IRA?
No, unless it's a divorce or death issue.
How do you get a roth IRA?
You have to go to a securities licensed financial expert to set up an IRA :banks , financial advisers investment firms , etc.
Can you have roth IRA?
Yes, anybody (US citizen) with earned income.

Can you tell you what roth IRA means?

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