Which one is better – Roth or Traditional IRA? It depends, but there are TWO main factors to consider which are the change in future income and maxing out your contributions
Table of Contents
0:00 Intro
0:41 Background – Comparing IRA to a traditional investing account
3:39 Factor 1: Change in future income
4:34 Factor 2: Maxing out your contributions
5:30 Misc 1: Traditional – “Roth Conversion”
6:10 Misc 2: Roth – Pull Principal without penalty
6:28 What I personally chose: Roth IRA
6:49 Conclusion: Max out your IRA every year!
Hit the 👍 button and subscribe…(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
Helpful !!!
What's the benefit of a Roth IRA in a state that has a 0% Long Term Investment tax rate?