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Jobless and Faceless •When is a Roth IRA better for you than a traditional IRA?
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When is a Roth IRA better for you than a traditional IRA?

Posted: Wed Mar 08, 2017 7:45 am
by McFurd
USA Today - Sean Rossman - 3/6/2017 - The debate over Roth vs. Traditional IRA accounts, and which one is better, comes down to two things, mostly: flexibility and taxes. The Roth IRA, which requires paying taxes up front but offer more flexibility later, may be the best option for many people, said Maria Bruno, senior investment strategist at Vanguard. She prefers the Roth to the Traditional IRA for people at all stages of their career. In a Roth, the benefit stems from the fact the money already is taxed, so it's able to grow tax-free. The Roth, which has income limits for eligibility, also typically comes with fewer restrictions than a Traditional IRA, which is generally taken pre-tax. However, it will be taxed when it is drawn in retirement. Read more @ http://www.usatoday.com/story/money/nat ... /97279898/