Retirees, Don't Make This Costly RMD Mistake
When you're in the process of building retirement wealth, it's important to choose a home for your savings carefully. And that may mean choosing between a traditional retirement account versus a Roth.
The upside of traditional IRAs and 401(k)s is that your money is contributed on a pre-tax basis, allowing you to shield income from the IRS. Roth IRAs and 401(k)s, on the other hand, are funded on an after-tax basis, so there's no immediate IRS benefit to enjoy.
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Source Fool.com
