Roth IRA is not tax deductible

來源: NotALawyer 於 2004-03-25 20:30:13 [] [舊帖] [給我悄悄話] 閱讀數 : (339 bytes)

at this time. Its advantage is that the interest is tax-free when you take out after 59.5 years old. Or
when you purchase your first house; or
when you have serious illness which need $.

Traditional IRA and 401k is tax deductible when you put the $, you have to pay the tax on interest when you take it out for retirement.

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