No. of Recommendations: 0
Having read ahead a bit in the posts, i'd have to agree that it depends on your tax situation.
Before the Roth IRA, back when i made a lot less, i was very eager to get that reduction in my taxes.
I would invest in a regular IRA prior to April for the year 2000 and then again in 2001 for that year, especially if it helps your tax situation.
Eventually, you will have to invest in the Roth IRA as you will possibly be making too much to benefit from a regular IRA. There was a period of two years where i contributed to both forms of IRA. Now, since contributions can't help me out in the tax department, i contribute only to the Roth.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.