Assume the before-tax interest rate is 5% What will be your after-tax 20-year retirement consumption stream if you choose to save n a traditional IRA?
Calculation Question The difference between a Roth IRA and a traditional IRA is that in a Roth IRA taxes are paid on the Income that is contributed, but the withdrawals at retirement are tax-free. Ina traditional IRA, however, the contributions reduce your taxable income, bot the withdrawals at retirement are taxable_ Assume you plan to […]