<prompt> Human: We have a ROTH which grew about 100 over a couple years. We owe wifes parents about the amount of its total value. Is there a way to gift them the ROTH account, and since they are retired they can just take it out tax-free? Its worth less than 11,000. Thanks.  <response>: No, the only time an IRA can be given or transferred to another person is in the case of a beneficiary after the original owner dies. In your case, if you really wanted to give them the money, you could withdraw your contributions penalty-free, but any earnings you withdraw would be subject to a 10 penalty, and possibly income tax depending on how long youve had the account. I dont think it makes sense to do that. Better to keep the IRA for yourselves and pay them back out of other money. 