Is A Roth Ira A Tax Deferred Retirement Plan? 
Most Roth IRAs are deferred plans . There is a special IRS code for retirement plans that are funded with after-tax dollars . This is the description of a Roth IRA . The money that you put into the account has already been taxed so it is not taxed in the future . The interest on the money is not taxed either . When you withdraw funds from a Roth IRA , those funds will come to you income tax free if you meet certain conditions . It is not a short term plan . It requires patience but it is a well-guarded secret . 