What’s the difference between a traditional IRA and a Roth IRA? It really comes down to how the contributions and distributions are treated. With a traditional IRA you get a tax deduction on the contribution BUT the distributions, usually at retirement, are 100% taxed. With a Roth there is no tax deduction on the contribution BUT distributions are tax free. There are other things to consider as well. Such as income limitations, contribution limits and if you have employer sponsored retirement plans….(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
0 Comments