Can someone explain the benefits of a traditional ira versus a roth ira? I never understood why middle and high income employees prefer traditional iras over roth iras. Why? I was just offered a full-time job with decent pay and great benefits. In the package, it mentioned I have the option to use a traditional ira and it mentioned a benefit of this is it isn't as "limited" as a roth ira. I am not familiar with this type of stuff so can someone please explain the difference in laymen terms and in what cases a traditional ira is better than a roth ira. Thank you so much. Take care.
Submitted July 03, 2021 at 05:52AM by Click-Environmental https://ift.tt/3qHc37s