Traditional IRA Versus Roth IRA

IRA stands for Individual Retirement Arrangement, and before the late 90s a traditional IRA was all that was available. However, in the late 90s Senator William Roth sponsored the creation of a Roth IRA. When it comes to how these two retirement accounts are different, it's all about Uncle Sam. In short let's start by providing quick and simple explanations of each retirement account.

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