What type of IRA is bet for me?
We recommend that you talk to your financial/tax advisor to determine whether a Traditional or Roth IRA is best for you. If you have a pension plan where you’re employed, your contributions will generally not be deductible, making the Roth IRA more advantageous, since the distributions are tax-free. If you do not have a pension plan, you may find the deductibility of contributions in the Traditional IRA more advantageous. Again, check with your financial/tax advisor for specific recommendations.
