In the Video above, Scott Farnsworth, Central Florida's Tax-Free Retirement Expert answers a frequently asked question:  Which IRA is best for me:  traditional or Roth?

"In almost every case, the Roth IRA is superior. That's because, even though you don't get a tax deduction today for the money that you contribute, all the growth will eventually come out of the Roth IRA on a tax-free basis. Since we don't know what taxes will be when we eventually retire, I think it's important to be smart and to try to avoid future taxes by using Roths instead of conventional IRAs."


To see more videos by Scott Farnsworth, see our Frequently Asked Questions Videos page, Tax-Free News page, or our YouTube channel.  

Which IRA is best for me:  Traditional or Roth?