So, i heard there are technically 2 types of traditional iras. The tax deductible/tax-deffered, or non tax deductible.
If someone is not eligible for tax deductible, why would someone want a non-tax deductible traditional ira. especially if the have to pay taxes twice. once when they go in, and once when they go out.
it just doesnt make sense why they would even offer it as a choice, what am i missing?
Jan
23
I currently have a deductible IRA.
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