Roth IRA was created with the Taxpayer Relief Act in 1997, it is simply an individual retirement arrangement that is supported by the tax laws of the US. It can be invested with stocks, and its amount varies on the age of the individual. There is also the more commonly known 401k which is funded through the workplace and is older than the Roth IRA since it dates back to 1978. The difference between these two is that the Roth is an individual set up, and uses the owners money, while the 401k is set up and maintained by a work place. Continue Article...