Most people know the traditional IRA and the Roth IRA. But do you know there are numerous types of IRAs – 6 to be exact? Let’s break it down, shall we?
Just because you aren’t earning income doesn’t mean you should neglect your retirement. That’s where the Spousal Roth IRA comes in handy. Learn how it works.
Understanding the difference between Roth IRAs vs. traditional IRAs is critical. They are similar, but key variances make a big difference. Keep reading for a breakdown of both and which one has more tax advantages.