Roth IRA or traditional
Would you suggest opening a roth ira or a traditional ira? I have always been told that a roth IRA is better than the traditional but i have heard that there are some limitations to the roth IRA can anyone shed some light on which IRA is better?
Comments
dentocafe:
I really dont understand what do you mean by IRA. It will be good if you could explain me what IRA means.
admin:
An IRA is an abreviation for an Individual Retirement Account. An IRA is a personal savings plan that provides income tax advantages to individuals saving money for retirement purposes. It is the most tax advantaged way to plan for your retirement. Hope this helps!