Compare: Roth vs Traditional IRA

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It's that time of year! Contributing money to your IRA is a great way to build wealth. Here are the two types of IRAs to consider.

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IRAs account for over 34% of retirement assets in the U.S. There are two main types of IRAs: Roth IRAs and Traditional IRAs.

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What Is An Individual Retirement Account (IRA)?

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Traditional IRA

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Roth IRA

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Current contribution limits for each are now $6500 for the year (up from last year when it was $6k)

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