Definition: an individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 59½ are tax-free.
That is a Roth IRA All others will always have some taxable portion. The only thing about a Roth IRA is it never actually “matures” rather the individual will mature. Or they reach retirement age as the IRS sees it and at 59.5 years of age there are no taxes or penalties on Roth distributions.
