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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.
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