You 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.