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02-15-2017 11:35 AM
Mike295
and get to write off the deposit in the tradtional IRA
02-15-2017 11:35 AM
Mike295
yes but lets say at the age of 35 you are in the 25% tax bracket
02-15-2017 11:35 AM
Mike295
so you technically will be in a lower tax bracket
02-15-2017 11:35 AM
ronaldo9
how does it work whenyou retire
02-15-2017 11:34 AM
ronaldo9
but the withdrawals won't be seen as income?
02-15-2017 11:34 AM
Mike295
so if you are retired you dont have much income
02-15-2017 11:34 AM
Mike295
you have to remember that tax brackets are based on income.
02-15-2017 11:34 AM
ronaldo9
and who knows what the tax structure will be in 20-30 years
02-15-2017 11:33 AM
ronaldo9
i always thought roth was better since by retirment age you'd probably be in a high tax bracket and get slammed by uncle sam
02-15-2017 11:33 AM
ronaldo9
what you think is better
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