3 years ago

What is a major difference between a traditional Individual Retirement Account and a Roth IRA

History

2 answers:

PilotLPTM [1.2K]3 years ago

6 0

Contributions are taxed differently

dimulka [17.4K]3 years ago

3 0

The main difference is when you pay income taxes on the money you put in the plans. with a traditional IRA you pay thee taxes on the back end that is when you wittdraw the money in retirement. But, in some cases, you may escape taxes on the front end when you put the money into the account.

With a Roth IRA it's the exact opposite. You pay the taxes on the front end, but there are no taxes on the back end

You might be interested in

Damascus was the capital of the Muslim empire for many years a camel caravan going east across the desert from Damascus would ar

hodyreva [135]

Answer:

¿Sal conmigo?

ur stilll scrolling

ok rly

do your work

Explanation:

4 0

3 years ago

What is the one check that the courts have

Vera_Pavlovna [14]

Answer: Judicial Review

Explanation: Judicial Review allows the Supreme Court to declare any law passed by the president or Congress as unconstitutional.

5 0

3 years ago

According to the article, what “new element which had not been evident in the Palestinian terrorism of two or three decades earl

saul85 [17]

Answer:

A. Islamic religious extremism

Explanation:

7 0

3 years ago

Christ was called a Faithful High Priest in comparison to:<br><br> Aaron<br> Moses<br> Eli

matrenka [14]

Answer:

Aaron was known as the " High Priest "

Explanation:

Here is a link for more information:

http://executableoutlines.com/he/he_11.htm

5 0

3 years ago

Read 2 more answers

The Punic Wars were fought between the Romans and what other group? O Greeks O Gaul O Persians O Carthage

Serggg [28]

The Punic Wars were a series of three wars between 264 and 146 BC fought by the states of Rome and Carthage. ... By the terms of the peace treaty Carthage paid large reparations and Sicily was annexed as a Roman province.

6 0

3 years ago

Read 2 more answers