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MARSCO IRA ACCOUNT APPLICATION Statistics and Data Analysis Form

MARSCO IRA ACCOUNT APPLICATION Statistics and Data Analysis Form

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so everyone talks about investing in a Roth IRA but no one actually talks about investing in a traditional IRA and which one's actually better but I will here's a 45C easy explanation that you can save for later on one a lot of people don't know this but you actually have to make less than $161,000 to directly contribute to a Roth IRA if you're filing single if you make more than this then you would invest in a traditional IRA because there is no income limit two the contribution limit for a traditional IRA is the same as a Roth IRA where you can contribute up to $7,000 if you're under 50 or up to $8,000 if you're older than 50 three and this is the biggest difference with a Roth IRA your money is taxed now but it is not taxed later at the age of 592 with a traditional IRA your money is not taxed now but it will be taxed later at 59.2 for most people it's better to invest in a Roth IRA because it's better to tax the seed r

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