As a high school teacher who talks openly about money and investments with my students, I am often asked about money. Even for the student who doesn’t want to pay attention in math class, they often get excited when we start talking about money. However, even though every one of my students wants to have money when they are older, many of them feel that investing takes too long. Many of them want to become rich now … not when they are in their 40s, 50s, or even 60s. And every single one of my students doesn’t want to hear about things that they can do when they turn 30.…
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Traditional IRA vs. Roth IRA: Which is Better for You?
The first thing that you must know in the traditional IRA vs. Roth IRA debate is that there isn't one answer that is right for everyone. You must take into account your particular situation to determine which investment vehicle is right for you. However, there are many ways to help you decide which one you should use. Let's take a look at how we can decide whether a traditional IRA or a Roth IRA is better. But first, let's figure out the major difference between the two types of IRAs.
