Would you be more favorably inclined to advise a 30-year-old individual to establish a traditional deductible IRA or a Roth IRA? Explain. Consider any tax problems involved if the IRA funds are needed before age 59 1/2. Would your answer change for a 55-year-old individual? CR Would you be more favorably inclined to advise a 30-year-old individual to establish a traditional deductible IRA or a Roth IRA? Consider any tax problems involved if the IRA funds are needed before age 59 1/2. Most tax advisors would advise a 30-year old individual to establish O A. a traditional deductible IRA rather than a Roth IRA. The major reason is that the contributions to the Roth IRA are deductible, the contributions and earnings grow tax-free. Since the 30-year old has nearly 30 years before distributions are eligible to be made, the traditional deductible IRA should experience significant growth and all future distributions are not subject to tax. Should an emergency occur and the money in the traditional deductible IRA is needed before age 59 1/2, contributions generally are permitted to be withdrawn without being subjected to taxation. O B. a Roth IRA rather than a traditional deductible IRA. The major reason is that even though the contributions to the Roth IRA are nondeductible, the contributions and earnings grow tax-free. Since the 30-year old has nearly 30 years before distributions are eligible to be made, the Roth IRA should experience significant growth and all future distributions are not subject to tax. Should an emergency occur and the money in the Roth IRA is needed before age 59 112, contributions generally are permitted to be withdrawn without being subjected to taxation OC. a traditional deductible IRA rather than a Roth IRA. The major reason is that the contributions to the Roth IRA are nondeductible, the contributions and earnings grow tax-free. Since the 30-year old has nearly 30 years before distributions are eligible to be made, the traditional deductible IRA should experience significant growth and all future distributions are not subject to tax. Should an emergency occur and the money in the traditional deductible IRA is needed before age 59 1/2, contributions generally are permitted to be withdrawn without being subjected to taxation. OD. a Roth IRA rather than a traditional deductible IRA. The major reason is that the contributions to the Roth IRA are deductible, the contributions and earnings grow tax-free. Since the 30-year old has nearly 30 years before distributions are eligible to be made, the Roth IRA should experience significant growth and all future distributions are not subject to tax. Should an emergency occur and the money in the Roth IRA is needed before age 59 1/2, contributions generally are permitted to be withdrawn without being subjected to taxation