Accounts & TaxFIRE glossary
Defined termRoth IRA
Individual Retirement Account where you contribute post-tax dollars and withdrawals in retirement are tax-free. 2026 limit: $7,000/year ($8,000 if 50+).
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Related terms
More from Accounts & Tax
Backdoor Roth
Contributing to a Traditional IRA then immediately converting to Roth. Used by high earners above the direct Roth IRA income limit.
Taxable Brokerage
An investment account with no tax advantages but no withdrawal restrictions. Essential bridge for early retirees who need to fund expenses before 59½.
HSA
The triple-tax-advantaged account: pre-tax contributions, tax-free growth, tax-free qualified withdrawals. FIRE folks treat it as a stealth retirement account.
Mega Backdoor Roth
If your 401(k) plan allows after-tax contributions and in-service conversions, you can stuff up to ~$46K/year extra into Roth accounts. The holy grail for high-income FIRE seekers.
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