February 28th, 2016
TAX TIP OF THE DAY... Roth or Traditional IRA?
This question can be debated for hours. But this post boils it down to 2 sentences:
1) Roth IRA... best tax advantage for younger investors who expect many years of investment growth.
2) Traditional IRA... best for those in a high tax bracket now and expect to be in a lower tax bracket when retired.
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If you need any help... www.baboiancpa.com
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David S. Baboian, CPA