Ross Cameron's career started on the 2nd of March 1996, which is more than 21 years ago. The first day of Ross Cameron's career was a Saturday.
A Roth IRA is an IRA that, except as explained below, is subject to the rules that apply to a traditional IRA. 1  You cannot deduct contributions to a Roth IRA. 2  If you satisfy the requirements, qualified distributions are tax-free. 3  You can make contributions to your Roth IRA after you reach age 70  Â½.
Unlike traditional IRAs, which do not allow contributions after age 70 1/2, there is no age limit for making contributions to a Roth IRA.ontributions. The Internal Revenue Service permits you to add up to $5,000 annually to an existing Roth IRA. If you have a traditional IRA and Roth IRA accounts, your combined contribution to all accounts is limited to $5,000.