ARE INVESTMENTS IN ROTH IRA TAXABLE

Question

ARE INVESTMENTS IN ROTH IRA TAXABLE

Answer 1

The earnings are tax free provided you keep it in the plan for 5 years.

Answer 2

No income on the investment in Roth IRA is not taxable unless you withdraw it earlier than you are eligible.

Read about Trad IRA and Roth IRA http://taxipay.blogspot.com/2008/05/trad...

Answer 3

When you contribute to a Roth IRA, you pay income taxes at the time of contribution.  You will not pay taxes again on your contributions even if you take them out before retirement.

When your Roth IRA earns income from investments, the earnings will not be subject to tax as long as they remain in the Roth IRA.

Your distributions of earnings from your Roth IRA will not be taxed as long as they are "qualified."  In order to be "qualified" the Roth IRA has to be five years old and you have to be age 59.5 (there are exceptions for disability).  If your distributions of earnings is not "qualified" you will pay income tax and possibly a penalty as well.

Answer 4

No. The investments earn tax free.  

Answer 5

No.  You don't get a deduction for contributions to a Roth but all gains accumulate tax-free.  When you withdraw the funds, no taxes are due unless you take an early distribution.