Comments on: Retirement Plans (Part 2) – IRAs: Roth vs Traditional http://www.christianpf.com/ira-roth-vs-traditional/ Christian Personal Finance - Financial help, debt help and other financial resources Sat, 21 Nov 2009 08:03:07 -0600 hourly 1 By: RD @ Money blog http://www.christianpf.com/ira-roth-vs-traditional/comment-page-1/#comment-12440 RD @ Money blog Fri, 15 May 2009 20:28:27 +0000 http://www.christianpf.com/ira-roth-vs-traditional/#comment-12440 So i guess if your current tax rate is less Roth IRA becomes a good option? So i guess if your current tax rate is less Roth IRA becomes a good option?

]]> By: Jim Blankenship, CFP®, EA http://www.christianpf.com/ira-roth-vs-traditional/comment-page-1/#comment-12427 Jim Blankenship, CFP®, EA Fri, 15 May 2009 03:24:51 +0000 http://www.christianpf.com/ira-roth-vs-traditional/#comment-12427 Jay, I realize that this wasn't necessarily intended to be an all-inclusive list in comparison between the two types of IRA - but it seems that one of the very important components of the Roth IRA was passed over... and that is the ability to withdraw your contributions at any time for any reason with no tax or penalty. This becomes a useful source for home down payments, college funding, and emergency funds - in all cases after all other sources are exhausted! jb Jay, I realize that this wasn’t necessarily intended to be an all-inclusive list in comparison between the two types of IRA – but it seems that one of the very important components of the Roth IRA was passed over… and that is the ability to withdraw your contributions at any time for any reason with no tax or penalty. This becomes a useful source for home down payments, college funding, and emergency funds – in all cases after all other sources are exhausted!

jb

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