Wondering which one to choose – Roth IRA or Traditional IRA?
A Traditional IRA gives you a tax break now. A Roth IRA taxes you today but grows tax-free for life. For many young professionals in a low tax bracket, the Roth often wins. Pay the tax now and enjoy decades of tax-free growth.
Unsure which is right for you? Reach out to us to schedule a complimentary Q&A with one of our team members.
Disclosure: The information provided is for educational and informational purposes only and should not be construed as personalized financial advice, an offer to buy or sell securities, or a recommendation of any strategy. Investment and tax laws can change, and the concepts discussed may not apply to every individual situation. Liberty One Wealth Advisors and its affiliates do not guarantee the accuracy or completeness of any statements, qualitative or numerical, contained herein. Nothing in this communication is intended to constitute legal or tax advice. Readers should consult with a qualified attorney or tax professional regarding their specific circumstances before making any decisions. All investments involve risk, including the potential loss of principal, and no strategy ensures success or eliminates risk.
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