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Should I Contribute to a Roth IRA or a Traditional IRA? [New for 2022]
Independent Retirement Accounts a great investment for your future in retirement.
But, understanding which IRA is right for you can be overwhelming.
This FREE flowchart covers many different situations that highlight the best choice for your IRA contribution. The flowchart covers questions you may have regarding which IRA is best for you to contribute to, including questions like:
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Are you eligible to contribute to both a Roth and Traditional IRA?
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Do you expect your future marginal tax rates to increase?
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Will you need retirement income from the IRA?
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Do you plan to maximize your contributions?
Download our FREE IRA Comparison checklist now.
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Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital.The views and opinions expressed in this content as of the date of the posting, are subject to change based on market and other conditions. Nothing is intended to be, and you should not consider anything to be, investment, accounting, tax or legal advice. If you would like accounting, tax or legal advice, you should consult with your own accountants, or attorneys regarding your individual circumstances and needs. No advice may be rendered by Covenant Wealth Advisors unless a client service agreement is in place.
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