I've read on here that's it's a bit like gambling for taking a Roth vs. traditional IRA, in terms of whether you think you'll make more money now or when you retire. But for investing, spreading things out can be smart. What about getting both a Roth and a traditional IRA instead of going solely with one? Doesn't that spread out the risk a little by doing that? Otherwise, you're taking a guess (although educated) where you either "win" or "lose" 100% for paying more in taxes. And then there's the amount of interest either accrues also.
Is it smart to take some of both though, some money in an Roth IRA, some money in a traditional IRA? Or, should you just go all in for one?
I remember reading something about a Roth being an advantage if you're making over $100,000 now, which I definitely am not and very, very likely won't be doing in the near future (or ever).
Submitted March 18, 2019 at 06:40PM by lowermyagi2016111 https://ift.tt/2CsI1ML
