Roth ___ (investment choice): Abbr. Daily Themed Crossword Clue Puzzle Answer from July 01, 2024
by
Updated Jul 01, 2024
Roth ___ (investment choice): Abbr. Daily Themed Crossword Clue Answer
Let’s find the answers to Roth ___ (investment choice): Abbr. Daily Themed for the July 01, 2024 edition of Daily Themed crossword puzzle. Answer Contains 3 letters. Start with I and end with A, and the possible solutions are IVA, ISA, IRA.
The answer is IRA.
An IRA, or Individual Retirement Account, is a type of investment vehicle that allows individuals to save and invest for retirement with tax advantages. A Roth IRA specifically differs from a traditional IRA in that contributions are made with after-tax dollars, meaning you don't get an immediate tax deduction. However, withdrawals in retirement, including earnings, are typically tax-free as long as certain conditions are met.
For example, a Roth IRA is popular among individuals who expect their tax rate to be higher in retirement than it is currently. It offers flexibility with contributions that can be withdrawn penalty-free (though not necessarily earnings) at any time, making it a versatile savings tool for retirement planning.
This clue last seen in Daily Themed Crossword Puzzle on July 01, 2024. You can also get all other Daily Themed's Crossword clues hints and answers here.
Related Daily Themed Crossword Puzzle Answers Today
Answers to each clue for the November 24, 2024 edition of Daily Themed Crossword puzzles updated below.- Tech company nicknamed "Big Blue": Abbr.
- Get lost in a corn ___ and find your way out
- Teacher's aid, for a blackboard drawing
- Take a big bite of the sweet ___ apple at the fall fair
- James Franco starrer "Rise of the Planet of the ___"
- Thomas ___, "Rule, Britannia" composer
- *Visit a pumpkin ___ this fall and carve your perfect pumpkin for Thanksgiving
- Go on a hay ___ in a wagon and enjoy the beautiful autumn harvest scene
- Thor's "mischievous" adopted brother (anagram of "kilo")
- *Go apple ___ in an orchard and collect all the apples your little bag can carry