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This Simple Infographic Will Help You Decide Between A Roth And Traditional IRA

Apr 19, 2014, 23:45 IST

We all know we should be saving for retirement.

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But one of the reasons why we don't is because there's tons of intimidating jargon.

For example, what the heck is a Roth IRA?

The introduction of the Roth option has been a winner for those wanting to minimize the cut taken by Uncle Sam.

But it has also led to tons of confusion.

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To help, the folks at Charles Schwab put together this graphic that helps you decide whether you should go the Roth route or the traditional route.

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