The Difference Between Traditional and Roth 401(k) and IRA
Important differences exist between the Traditional and Roth versions of both the employer-sponsored 401(k) plans and Individual Retirement Accounts (IRA).
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What is a Roth IRA?
/in Articles, Retirement Planning, Saving for Retirement /by Todd FrankA Roth IRA is an individual retirement account which varies in a number of ways from the Traditional IRA. The principle difference is two-fold.
What is a Traditional IRA?
/in Articles, Retirement Planning, Saving for Retirement /by Todd FrankA Traditional IRA is one of several types of IRA’s, or Individual Retirement Accounts. The financial planning process will reveal if and when it is advantageous to use a Traditional IRA.
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Frank Financial Advisors provides financial planning and investment management services to clients Nationwide. Locally, we serve the families of Carlsbad, Oceanside, Encinitas, Escondido, Rancho Santa Fe, San Marcos, and other north county San Diego neighborhoods.
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