An example of a Roth IRA is an account that you open for your retirement that receives special tax treatment from the IRS.
Origin of roth-ira
- After William Victor Roth , Jr. (1921–2003), US congressman
From American Heritage Dictionary of the English Language, 5th Edition
- After William V. Roth Jr., who pushed for legislation that would allow for such IRAs; and IRA, initialism of individual retirement account.