Traditional vs Roth – Which One Do You Choose?Submitted by Prosperity Advisory Group on June 19th, 2018
The decision on whether to save for retirement or not should be an easy one – YES! Yet, the choice of how much to save and what type of accounts to use can be trickier. Individual Retirement Accounts (IRAs) offer an opportunity to save for a comfortable retirement while providing long-term tax advantages. Before contributing to an IRA, be sure to understand the difference between a Traditional IRA and a Roth IRA.
The choice to save is important, but how you save will also have a demonstrable impact on your financial journey to freedom. Contact Prosperity Advisory Group to learn more about the different ways to save for retirement and which option best suits you.