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Ed Slott: Time for Some Clients to Ditch Traditional IRAs

Analysis June 12, 2024 at 02:59 PM
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What You Need To Know

  • Low current tax rates and big federal budget concerns put the traditional IRA in a precarious position.
  • Congress has already made traditional IRAs less attractive from a tax perspective, and it could get worse.
  • Most if not all clients should be using more Roth-style accounts, IRA expert Ed Slott argues.
headshot of IRA expert Ed Slott