Which is best: a traditional IRA or a Roth IRA?

Answer On One Hand: Traditional IRAs Are Tax-Sheltered MoneyA traditional IRA uses pre-tax, or tax-sheltered money. This means that before taxes are taken out of your paycheck, money is put into your reti... Read More »

Top Q&A For: Which is best: a traditional IRA or a Roth IRA

Can i have both a traditional&roth ira?

On One Hand: Traditional IRAs Are Tax-DeferredA traditional IRA is a tax-deferred individual retirement account. You can deduct traditional IRA contributions from your taxable income and put off pa... Read More »

Traditional Vs. Roth Vs. SEP IRA?

Individual Retirement Accounts are savings accounts for you to use during your retirement. Three of the most common IRAs are Traditional, Roth and SEP, each with varying benefits for you and your d... Read More »

Is it better to have a roth or a traditional ira?

On One Hand: Traditional IRA BenefitsIf you expect to be in a lower tax bracket after you retire, the tax benefit of being able to deduct your contributions to your traditional IRA now outweighs th... Read More »

Can I recharacterize a traditional IRA as a Roth IRA?

On One Hand: You Can Roll Over a Traditional IRA to a Roth IRAYou could take out money from your traditional IRA and put it into a Roth IRA but not without incurring tax penalties. Traditional IRAs... Read More »