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Traditional vs ROTH IRA

August 23, 2021
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Many people have heard of IRA accounts but few know what they actually are and what they do. 

There are two types of IRAs: Traditional and ROTH. 

Both accounts allow an individual to save for retirement but each has their own perks and limitations. 

The following is a breakdown of the key differences between a Traditional IRA and a ROTH IRA.

It is important to speak with a financial advisor about your specific situation to get the best advice for you.