Lori Watts favors the traditional IRA over the Roth IRA.What advantage does the traditional IRA have over the Roth?

Question

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The traditional IRA offers the advantage of likely being fully or partially tax deductible, which can result in immediate tax savings. However, the earnings in a traditional IRA are taxable upon withdrawal, unlike a Roth IRA where earnings are tax-exempt. Ultimately, the best choice depends on an individual's specific financial situation and retirement goals.

Lori Watts Favors the Traditional IRA Over the Roth IRA