ADVICE-from any tax gurus out there: For every $1000 I - TopicsExpress



          

ADVICE-from any tax gurus out there: For every $1000 I contribute to a traditional IRA in 2013 (assuming I do it before April 15), it will lower my combined tax liability by $183. I think this means my marginal tax rate is 18.3% (state and federal combined). That being said, am I better off contributing $1000 to a traditional IRA or to a Roth IRA right now? I am anticipating that my marginal tax rate will be much higher next year.
Posted on: Sun, 13 Apr 2014 21:48:33 +0000

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