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Traditional IRAs do not have required contributions but have many regulations regarding contribution limits, minimum distribution, etc. Roth IRAs have fewer restrictions but offer no
Traditional IRAs do not have required contributions but have many regulations regarding contribution limits, minimum distribution, etc. Roth IRAs have fewer restrictions but offer no immediate tax benefits. If an individual is eligible for a maximum contribution to either a Traditional IRA or a Roth IRA, what would you advise them to choose? Why?
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th edition
978-1118953815, 978-1118953907
