Tax-Free Growth

Tax System

Investment returns that are never taxed. In Roth retirement accounts, contributions are made with after-tax dollars, but all subsequent growth and qualified withdrawals are completely tax-free, including all accumulated gains.

Learn about this term

Unit 14: retirement accounts

Tax System

Related Terms

Tax Deferral

The postponement of tax liability to a future period. In tra...

Roth IRA

A retirement account funded with after-tax dollars that grow...

Roth conversion

Moving money from a traditional IRA or 401(k) to a Roth IRA,...