If You Don’t Need the Tax Deduction, Think Roth
Friday - March 28, 2014 at 7:52 am
As the April 15th tax deadline approaches, many people are considering lowering their tax bill or increasing their refund by making a contribution to a retirement account. Our next guest says that maybe you should instead think about making that contribution to a retirement account that does not give you a current tax deduction, that is into a Roth IRA or Roth 401(k).
Mike Switzer interviews Corinne Sheridan, a certified financial planner at Abacus Planning Group in Columbia.