Roth IRA is not tax deductible

来源: 于 2004-03-25 20:30:13 [旧帖] [给我悄悄话] 本文已被阅读：次

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.