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