Roth vs Traditional IRA
“Should I choose a Roth IRA or a Traditional IRA.” This is one of the most common questions we hear from individuals who are saving for retirement. There are some important differences regarding when you pay tax and who is eligible.
The most important thing you can do is SAVE! Yes, you will be able to look back in 30 years and say definitively if a Roth or Traditional IRA was your best choice. Some of this will depend on forces that you can’t fully control. Things like tax law changes, your income in retirement, and the rate that you will draw upon your retirement savings. What you can control is your dedication to a savings program.
What the video above for a more complete discussion on Roth vs Traditional IRAs.