From: PowellFamily <PowellFamily@tri-countynet.net>
Subject: Traditional vs. Roth IRA
Date: Thu, 14 May 1998 17:06:35 -0400
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According to all the information sent to me, the only time a Roth IRA is to your advantage is if you think your tax bracket will be the same or higher when you retire. Personally, I am planning for a lower tax bracket. At that time my house will be paid for, my children will no longer be living with us, and I have built up most of my necessities already. I want to use the rest to LIVE along the way. I want to enjoy nice vacations with my children. Do I think it would be advisable to change over a traditional to a Roth IRA so you can pay taxes today instead of defer them which is what made sense of an IRA to begin with? No Way! Sherri - -
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