Find fields & stores near you!
Find fields and stores
PbNation News
PbNation News
Community Focus
Community Focus

Thread Tools
Old 09-10-2012, 04:10 PM #1
Killer Gnar Gnar
justinNTX's Avatar
Join Date: Dec 2008
Location: DFW, TX
justinNTX plays in the PSP
Roth I.R.A

Wanted to get some opinions on this. Anyone here opened a roth or even a traditional IRA? I have done my fair share of research on this matter. As soon as I make the initial deposit of 3k, I will be opening my first IRA account through a financial service and not through a bank (eliminate the middle man).
NCPA SCCC Director
| HK Army Sales Rep |
2009 NCPA National Champs | 2010 NCPA 3rd Overall | 2011 NCPA National Champs
justinNTX is offline   Reply With Quote
Old Sponsored Links Remove Advertisement
Old 09-19-2012, 02:16 AM #2
Join Date: Oct 2001
Location: Santa Cruz
Calin is a Moderator
Calin is a Supporting Member
Calin donated to help Peyton Trent
Calin supports Bob Gurnsey
You are always going through a middle man if you like it or not. But I like where your mind is.

First you must have earned income. Once you do is that 3k after tax or pre tax? If it is after tax and it is the only retirement account, I would go with Roth. If you are going with tax deductible then you can only go traditional IRA.

Make sense?
How can we disagree if we don't understand what we disagree about.

Truly "ignorant" people are those who call others "ignorant, misinformed, uninformed" and are the same people that have lost an argument.

Typos happen.
Calin is offline   Reply With Quote
Old 01-26-2013, 02:17 AM #3
obama=dirty f'n commie
Join Date: Mar 2009
Location: ARIZONA
BOBBYTUCSON@DP owns a Planet Eclipse Geo
BOBBYTUCSON@DP owns a Planet Eclipse Ego
BOBBYTUCSON@DP has achieved Level 2 in PbNation Pursuit
Do a Roth, you pay taxes as you deposit in, traditional you will get taxed on the way out. The way I think of it is that taxes always go up, so when you put in now, you pay the tax rate this year.when you pull out years later, the tax rate may be higher, and the currency value may be lower or inflated so its a lose-lose with traditional and may be a win-lose by than with a Roth depending on the currency rate by than.we are already in a fiat state currency, we have no intrinisicate value, so the more you put in now, the less you pull out later nomatter what, but savings is better than no savings lol
Apex mma,were champions are
BOBBYTUCSON@DP is offline   Reply With Quote

Thread Tools

Posting Rules
Forum Jump