A Roth IRA is the same thing as a traditional IRA, but with special features,1 including:
Contributions to a Roth IRA aren't tax deductible, while contributions to a traditional IRA might be.
Contributions to a Roth IRA may be made even after age 70½, as long as income doesn't exceed certain levels.
Distributions are tax free, if any Roth IRA has existed for at least five years and the taxpayer is over age 59½.
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