5 Things You Need to Know About The Traditional IRA 2014

traditional ira rules and limitsYou know how much I love the Roth IRA.  Love, love, love it!!

I’m actually more in love with the Roth IRA than I am the 401k.

And you already know how I feel about target date mutual funds.  <blah!>

But what about the Traditional IRA?  Does it still have it’s place in your retirement plan? You betcha!!

If you are fortunate to work at a company that offers a match on your 401(k) deposits, don’t walk away from that free money. There, however, might be some instances where the traditional IRA has its place.

Here’s a closer look at some of the rules of the Traditional IRA Account.

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