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URL:  http://boards.fool.com/as-phil-points-out-your-deduction-in-the-15-12289232.aspx

Subject:  Re: 15% Tax Bracket; Roth or Trad? Date:  3/27/2000  10:34 PM
Author:  SnootFool Number:  32739 of 121096

As Phil points out, your deduction in the 15% bracket is only worth $300. Viewed another way, you are "locking in" a very low tax rate on your Roth contribution by being in this bracket now. IOW, who knows what taxes will look like 20-30 years from now? What's the likelihood that you'll be in a lower bracket than 15%? Not very good, right?
Pay the taxes now by contributing to a Roth & you've paid the only taxes you'll ever pay on that money. Put the same $2K into a Trad IRA & you're at the mercy of a Congress run by Generation Xers when you retire! Like Phil said, the Roth is a no-brainer.

Chris

PS- yeah, sure your pay is low, but at least you get to deploy to Saudi & live in a tent. <grin>
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