I'd go the Roth route if you can't deduct the contribution to a Traditional. Once you put after-tax money in a Traditional you have to follow the gov't formula to calculate how much of distributions are a reclaiming of that after-tax money. You get only a fraction each year and have to exhaust the account to reclaim all of it. It's just stupid but it's not a problem for enough people to ever get Congress to fix it.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra