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LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
Traditional vs Roth IRA: A Comprehensive Comparison (Part 2) In our previous article, we discussed the basics of Traditional and Roth Individual Retirement Accounts (IRAs) and some of the key differences between them. In Part 2 of this series, we will delve deeper into the details to help you make an informed decision about which type of IRA is best for you. Tax Treatment: One of the primary differences between Traditional and Roth IRAs lies in the way they are taxed. Contributions to a Traditional IRA are typically tax-deductible in the year they are made, meaning you can reduce your taxable income by the amount you contribute. However, you will have to pay taxes on both the principal amount and the investment gains when you withdraw funds during retirement. On the other hand, contri
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)