What’s the Difference? Traditional IRA vs. Roth IRA

Roth IRAs have been around for about 25 years, but a lot of people still don’t know how they differ from a traditional IRA. Understanding the difference between the two will help you determine which option is best for your retirement goals. In this episode, Eric shares what you’ll want to know about a Roth IRA and when to use it.

 

Here’s what you’ll learn on today’s show:

• The difference between a Roth IRA vs. traditional IRA. (1:56)        
• Why so many people focus on the traditional IRA first. (4:10)
• The benefits of growing tax-free. (6:13)
• Who benefits from a Roth IRA? (7:57)

 

Get in touch with the Peterson Financial team: https://petersonfg.com/