Early Withdrawal

Question: Which will yield best results – partial contribution to a Roth IRA or full contribution to a traditional IRA?

I make more money than allowable for a full contribution to a Roth IRA, but I can still make a partial contribution. Over the length of my investment, will the difference in contribution make a traditional IRA favorable when compared to the tax breaks when withdrawing from a Roth IRA?

Answer: Yes. I think you want to go with a traditional IRA.

In my opinion, a Roth IRA is for someone with limited income, or all cash income. They’re pretty much not paying the taxes anyway.

Tax Law, Real Estate & Credit Tips : IRA Distribution Penalties