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Is a Roth IRA better than a regular IRA?

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Is a Roth IRA better than a regular IRA?

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A Roth IRA follows identical eligibility and contribution guidelines as the regular IRA. However, the Roth IRA does not allow for deductibility of the contributions in the current tax year. Also, a Roth IRA does not mandate distribution requirements at the age of 70 ½.

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