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Quick question:

I'm 23, I've got $5000 from a 401k at my old company, I'm trying to decide if I should roll it into a self directed IRA. My question is should I put it into a traditional or a Roth? I've read the info on both and I guess I need it explained to me in more laymen terms, or rather with some examples. Please help me out if you can.

Thanks all,

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