Thread: IRA at 21?
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Old 01-12-2006, 09:21 AM   #15 (permalink)
tooth
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Quote:
Originally Posted by Plummie
Pretty good advice, but keep in mind that the Conventional IRA has a higher compounding interest rate than a Roth IRA. So you would end up earning more per year with a Conventional, even if you are taxed more in the end. It all seems to balance out in the end.
Assuming that you know what the tax rates will be in 40 years.
tooth is offline  
 

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