With a Roth IRA, you contribute after-tax money that is never taxed again. Unlike a traditional IRA, you do it with money you have already paid taxes on, so there’s no upfront tax benefit. The benefit comes when you are able to withdraw the money you’ve contributed — plus the earning on your investments — tax-free in retirement.
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April 04, 2020 at 03:03AM
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Is a Roth IRA Better Than a Traditional IRA? - FOX13 Memphis
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