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Who Is A Traditional IRA Best For ?

Who would best fit a traditional IRA?

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    Wachovia is a best fit for traditional (Individual Retirement Accounts) IRA and you can also access it online. You will pay no taxes and until retirement.
    www.wachovia.com
    0 0

    Sehri  

    answered 2 years ago

      If your tax rate during retirement will not be lower than your current tax rate then a Roth is better.  

      If your tax rate will be lower during your retirement then the traditional IRA is better.

      You have to start withdrawing from a traditional IRA by 70.5 whereas with a Roth IRA there is no age that you are required to withdraw monies.

      See a financial planner or your banker or tax person for the vehicle best suited for you.
      0 0

      Faydra  

      answered 2 years ago

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