When it comes to saving for retirement, the decision to put your money into either a Roth or a Traditional IRA may be more complicated than you think. Part of the decision involves your tax bracket today vs. your tax bracket at retirement, but there’s more to it than that.
When is investing in a Roth IRA a better idea than a traditional? On the other hand, who should consider a Traditional IRA over a Roth? And what are the consequences, good and bad, of doing one or the other? Get the answers to these questions, along with an in-depth look at both types, with podcast host Johnny Dean and “Professor” Rick Plum, CFP®, on this week’s episode of Managing Your Financial Future!