Sep 14, 20211 min readIRA10. ROTH IRA• Contributions to a Roth are not deductible, so taxes are paid at your current tax rate. • When the Roth funds are distributed, your tax...
Sep 14, 20212 min readIRA9. Traditional IRA• If you invest in the traditional IRA, you will have a tax-deferred income of $5,000 at 32% or $1,600. This would be taxable income when...