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<<I am pondering whether or not to start my IRA as a Roth or regular IRA. I know that all of my
withdrawls in the future would be tax free, but I am losing the valuable tax deduction now. I am 30
years old and this scenario has 30 years to develop. If I take the deduction now and pay the tax
later I would only be paying 15% tax in the future (all things remaining the same as now)and getting
a 28% break now, which is much needed. >>

In general, I think that if you can have a deductible IRA, that's what you should take. There's a good chance that you won't qualify for this very long.

BTW, don't count n being in the 15% bracket when you retire. My mom, 73 yr old, was rather disgusted to find that she's still in the 28% bracket, even though her sole income is pension payments. Or are you one of those people who still think that Social Security will be there for you when you retire?

Ray
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