IRA Thought: Traditional vs. Roth The idea behind the traditional - TopicsExpress

IRA Thought: Traditional vs. Roth The idea behind the traditional IRA is that once you are in retirement your income will be less thus making you in a lower tax bracket. Once you start to draw your IRA money you will owe less taxes on the money. Where do you think tax brackets will be once you retire? Do they look like they will be lowered, stay the same, or raised? You could end up in a lower tax bracket but the brackets could be higher making the advantage non existent. If you are in a Roth you do not have to worry about taxes or tax brackets.

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