How do you choose between the Roth IRA and the Traditional IRA? Is one better than the other for investing?
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Does it make sense to convert a traditional IRA into a Roth IRA if you risk moving up a higher tax bracket for the filing year?
So the difference between a Roth IRA and Robinhood…is that Robinhood has capital gains taxes….where an IRA does not? Is that correct?
What happens if you invested the same amount in each Roth and Traditional but over time taxes for the Roth upon your allotment deposits were lower than the taxes upon withdrawal with the traditional around 50+ years later when you are 65 – 70 years old? Wouldn't it then be better to elect Roth since you would take on lower taxes with the Roth assuming taxes will increase in 50+ years when you're pulling from these plans vs the lower Roth taxes 50+ years earlier?
yes! thanks
It depends. Have you maxed your HSA first?