Article Date:
August 2019

Word Count:



Roth IRA versus Traditional IRA: Which Is Better for You?


Editor’s Note: Before the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) passed in December 2019, you generally had to start taking required minimum distributions (RMDs) from your traditional IRA or qualified retirement plan in the tax year you turned age 70 ½. Now you can wait until the tax year you turn age 72. To read more about the SECURE Act read Top Eight Changes in the SECURE Act You Need to Know.



Roth IRAs tend to get a lot of hype, and for good reason: Because you pay the taxes upfront, your eventual withdrawals (assuming you meet the age and holding-period requirements—more on these below) are completely tax-free.


While we like “tax-free” as much as the next person, there are more times than you would imagine when a traditional IRA will put more money in your pocket than a Roth would. ... Log in to view full article.

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