Timothy Sumer

Roth IRA versus a Traditional IRA By www.ProfitableInvestingTips.com Tax time is coming and this is the time of year when many individuals consider putting money in their IRA. Here we consider the virtues of a Roth IRA versus a traditional IRA. In either case putting money aside for retirement is a good idea. Managing that money while it is in a Roth IRA versus a traditional IRA is very important. And deciding up front on a Roth IRA versus a traditional IRA may take a little thinking. Here is a brief rundown of the differences between a Roth IRA versus a traditional IRA. Roth IRA versus a Traditional IRA A Roth IRA is a specific type of individual retirement account . United States tax law allows individuals to put aside a set amount of money in such an account. The money is first taxed. However, if the terms of the Roth IRA are met the money is not taxed upon withdrawal. On the other hand with a traditional IRA one can put aside a set amount of money for retirement and