3 Reasons Not to Fund a Roth IRA
It's important to save money for retirement because you can't expect Social Security to cover every expense you'll have. And when it comes to building a nest egg, you have choices.
You could fund a traditional IRA, but you'll often hear that Roth IRAs are a better bet for different reasons, one of which is that they don't impose required minimum distributions. (For the record, come 2024, Roth 401(k) plans won't impose them, either.)
But while Roth IRAs have their perks, including tax-free investment gains and tax-free withdrawals in retirement, it could make more sense for you to put your money into a traditional retirement savings plan. Here's why.
Source Fool.com