The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Unique Situation w/ Roth IRA Date:  6/13/2000  7:10 AM
Author:  connern Number:  22520 of 98546

I'm getting the hang of understanding the difference between the Roth vs. Regular IRA. One question though... I have an inital $4000 to invest with an additional $1100 each year for the next 6 years, and all of it is tax-exempt. Would it be better to start a Roth IRA with these funds, since I'm not taxed on it going in or out?
I figure after the tax-exempt funds run out, I can begin another traditional IRA at that time. In case you're wondering, the money comes from a bonus derived in a combat zone.
Any help on this matter is appreciated.
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us