A Brief Understanding on -- Roth IRA...!!

A Roth IRA is an Individual Retirement Account (IRA)allowed under the tax law of the United States.  As a result, it's the simplest - and potentially the most effective - sheltered account imaginable.Established by the Taxpayer Relief Act of 1997, a Roth IRA can invest in securities, usually common stocks or mutual funds (although other investments, including derivatives, notes, certificates of deposit, and real estate are possible).It's named after the late Senator William V. Roth, Jr.

Main Difference between a Roth vs. Traditional IRA 

A Roth IRA's main advantage is its tax structure.To put it  simply, a traditional IRA allows contributions to enter the IRA tax-free and until money is withdrawn at retirement, is it taxed (tax-deferred option).  With a Roth IRA, contributions are taxed upon entering the IRA, thus, any earrings in the account grow tax-free. An advantage of the Roth IRA over a traditional IRA is that there are fewer withdrawal restrictions and requirements. Transactions inside the Roth IRA account (including capital gains, dividends, and interest) do not incur a current tax liability

Plus and minus

The chief advantage of the Roth IRA is obvious: the ability to have investment earnings completely escape taxation. The advantage comes at a price, though: you don't get a deduction when you contribute to the Roth IRA. 

One can do lots of fancy analysis, but the bottom line is that most people are better off in the Roth IRA. The chief reason is that the Roth IRA is effectively bigger than a regular IRA because it holds after-tax dollars. If one can take advantage of this feature of the Roth IRA by maximizing your contributions you'll add greater tax leverage to your retirement savings.

There are two other significant advantages to the Roth IRA. One is that the minimum distribution rules don't apply. If one is able to live on other resources after retirement, one does't have to draw on your Roth IRA at age 70½. That means his/her earnings continue to grow tax-free. The other big advantage is the ability to take certain early distributions without paying the early distribution penalty.

 In short, the Roth IRA makes it easier to keep your money in, and also easier to take your money out...!!!