One of the biggest stumbling blocks to getting started with an IRA (individual retirement arrangement) is knowing which type of one to sign up for.  Should I sign up for a Roth or Traditional?  We know that both are useful, but which one will give you most amount of benefit over the long term?  To really understand this, it helps to know your Roth IRA basics and how they are different from those of a Traditional IRA.  Although both are excellent tools to be used in conjunction with your IRA vs 401k strategy, it is also likely that one of them will be better suited to your individual needs. To help you understand the differences, here is a … [Read more...]