Posted: Monday, November 2, 2009 by
Phil Bailey
Saving for retirement is an excellent objective. Congress has created tax incentives to allow you to get a tax benefit on your savings. One example is an IRA, a 401K or other qualified retirement account. But what is a Roth IRA? Is it better than a traditional IRA or not? The answer is that it depends. Do you want the tax deduction to reduce your taxes now or would you prefer to have a tax-free retirement account.
Investing / IRA 401k