Literally no one has ever asked me what the difference is between a Roth IRA and a Traditional IRA.  I’m not great at the economics of supply and demand so I’m going to write an article about it.  Understanding the difference between these two accounts is like eating broccoli.  Only like three people in the continental United States like broccoli, but it’s important to eat it for reasons nobody is sure about.

It’s important to know the difference between the various IRAs because you’re supposed to be putting money into your retirement accounts.  If you were doing that, then you’d eventually want to know which retirement account you should put your money in.

So, what is an IRA?

IRA is short for India Red Ale.  It’s like an India Pale Ale except it’s less hoppy and it’s red.  IRA also stands for Individual Retirement Account, if you’re a nerd.  Continue reading “Traditional vs. Roth vs. India Red Ale- Which IRA is Right For You?”