Re: Roth IRA vs. Traditional IRA
A lot is based upon your age . The younger you are the more attractive the Roth , as it will have many years to grow tax free . If you are in your mid 40's + , most likely you will be better served with the deduction up front and the tax deferal on the growth . And yes you start to phase out around $100k in income to be elligable for a Roth contributionn .
__________________
1994 V20 Fisherman & 2004 Yamaha 150
|