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Unread 03-22-2006, 11:25 AM
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Join Date: Jan 2004
Location: Hilton Head Island
Posts: 4,133
Default Re: Roth IRA vs. Traditional IRA

Traditional - contributions deductible, withdrawals at retirement taxable.

Roth - contributions not deductible, withdrawals tax free.

Unless you need the tax deduction now, Roth is generally the better way to go, IMHO.

Did I leave anything out? I'm sure I could write reams more. Any specific questions?
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