When Are Roth IRA Earnings Taxable? 
There are several types of Roth accounts . The most common is the Roth IRA . This is an individual retirement account that allows you to set aside after-tax income up to a specified amount each year . Both earnings on the account and withdrawals after age 59 are tax-free , as long as he plan has been in force for five years . These same tax benefits continue if the Roth plan is left as a legacy . 