Traditional vs. Roth, 401(k) vs IRA: What the eff is the difference between these?

There are pro's and con's to all types of accounts. I hope the above facts help you decided which would be best for you. Most of the time, young adults choose Roth accounts because their tax bracket is lower now than it will be in the future. But each case is different and what might be good for you might not be good for your friend...


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