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Business, 27.11.2019 11:31 jdvazquez18p7a7vs

Jim, twenty-five, has recently taken a job to support himself as he completes college. jim’s employer does not sponsor a retirement account, but jim has been able to set aside some of his salary each week for investment in an ira. ideally jim would prefer not to withdraw an funds from his ira before he retires, but he would like to deduct the contributions to the irta from his federal income taxes. based on this information, should jim invest the money he has set aside in a traditional ira or a roth ira?

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