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The Roth IRA Is Not Like a Traditional IRA
There are two kinds of IRAs: a traditional IRA and a Roth IRA. The difference is in how they're taxed. A traditional IRA means that you're going to pay the tax when you retire or when you withdraw the money. A Roth IRA means you pay the tax now because the government wants you to pay tax at some point has to have you pay taxes at some point.