At Kamish & Associates, we know that planning for retirement can feel overwhelming — but choosing between a Roth IRA and a Traditional IRA doesn’t have to be. Here’s a simple way to break it down:
1. Roth IRA
Contributions are made with after-tax dollars.
Your money grows tax-free.
Withdrawals in retirement are tax-free.
Great for: those who expect to be in a higher tax bracket later or younger earners looking for long-term tax savings.
2. Traditional IRA
Contributions may be tax-deductible now.
Your money grows tax-deferred.
Withdrawals in retirement are taxed as income.
Great for: those who want immediate tax savings or expect to be in a lower tax bracket when they retire.
How to choose?
If you want a tax break now, consider a Traditional IRA.
If you prefer tax-free income in retirement and can pay taxes upfront, consider a Roth IRA.
Not sure? A mix of both may work for you!
At the end of the day, the best choice depends on your current income, future income expectations, and long-term goals. We’re here to help you make confident decisions.
👉 Ready to plan for your future? Contact Kamish & Associates today!
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