by Kristin P. Sinclair, A Accu Tax on September 26, 2018
Which is best for you ? Maybe both should be part of your 2018 retirement savings plans. With Traditional IRAs and other pre-tax retirement plans the contributions may be tax deductible in 2018. Your earnings grow tax-deferred until you withdraw them. Normally it should be best to withdraw Traditional IRA funds in retirement when you may have less income, and therefore pay less in taxes.