Glossary · United States

IRA

An individual retirement arrangement: an account you open yourself in the United States, rather than one an employer offers. A traditional IRA is funded before tax and taxed on the way out, and the yearly limit is shared across all your traditional and Roth IRAs rather than being one limit each.

Guides that use this term

At what age can I get my retirement money in New Zealand, Australia and the US?

New Zealand, Australia and the United States

Can I keep contributing to my US 401(k) or IRA while living in New Zealand?

New Zealand and the United States

Can I move my 401(k) or IRA into KiwiSaver or Australian super?

New Zealand, Australia and the United States

Does my US Social Security affect the Australian Age Pension?

Australia and the United States

How is my US 401(k) or IRA taxed if I move to New Zealand?

New Zealand and the United States

Is my Australian super taxed in New Zealand?

New Zealand and Australia

Is my KiwiSaver taxable in the United States?

New Zealand and the United States

What changes how long retirement money lasts?

New Zealand, Australia and the United States

What changes when you move from Australia to the United States?

Australia and the United States

What changes when you move from New Zealand to the United States?

New Zealand and the United States

What changes when you move from the United States to New Zealand?

United States and New Zealand

What happens if I need the money before I'm allowed to have it?

New Zealand, Australia and the United States

What happens to my 401(k) or IRA when I die?

United States

What happens to my KiwiSaver when I die?

New Zealand

What happens to my pension when my partner dies?

New Zealand, Australia and the United States

What happens to my retirement savings if we separate?

New Zealand, Australia and the United States

What's the difference between a 401(k), a traditional IRA and a Roth IRA?

United States

Where does retirement income come from?

New Zealand, Australia and the United States