Published: by Carrie Tayloe |
permalink Contributing to a Traditional IRA can create a current tax deduction, plus it provides for tax deferred growth. While long term savings in a Roth IRA may produce better after tax returns, a Traditional IRA may be an excellent alternative if you qualify for the tax deduction.
Tags: IRA, traditional IRA, rollover, IRA deductions, Roth IRA, retirement, individual retirement accounts, money, retirement planning, financial planning