11-07-2013, 09:00 AM
It is hard for me to tell whether a Roth is better than a traditional IRA or not. While the Roth has taxes paid up front, it has none of the benefits of compounding earnings on the government's money. Lots of people love the Roths and I am sure they are a simpler alternative in retirement and perhaps for estate purposes, but for the life of me, any differences in the two seem to represent a wash.
As to the question of regular versus tax advantaged, that is a no brainer to me. What ever tax advantaged election, the fund will grow much faster as opposed to non tax advantaged. Of course some source of 6 months to a year of emergency cash should always be taken care of before additional savings get locked away, out of reach.
As to the question of regular versus tax advantaged, that is a no brainer to me. What ever tax advantaged election, the fund will grow much faster as opposed to non tax advantaged. Of course some source of 6 months to a year of emergency cash should always be taken care of before additional savings get locked away, out of reach.
Alex