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Myers Financial Services
Mark J Myers
MBA 7,6,63,65 licensed Financial Advisor
2419 La Brucherie Rd.
Suite #107
Imperial, CA 92251
760-355-4885
mmyers@williams-financial.com
www.myersfinancialservices.com
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Traditional vs. Roth IRA Calculator | Traditional vs. Roth IRA Calculator
Both traditional and Roth IRAs feature tax-sheltered growth of earnings. And both potentially give you a wide range of investment choices.
However, there are important differences between these two types of IRAs. Assuming that you qualify to make both Roth IRA contributions
and deductible contributions to a traditional IRA, the most appropriate choice depends on your personal financial situation.
Use this calculator as a starting point in your analysis.
Contribution limits:
| Tax year beginning in | Contribution limits (under age 50) | Additional catch-up contribution limits (age 50 or over) | | 2019 - 2022 | $6,000 | $1,000 | | 2023 | $6,500 | $1,000 |
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Myers Financial Services (c) 2011 | Securities offered through WFG Investments, Inc., member FINRA/SIPC. Myers Financial Services is a branch office of WFG Investments, Inc. (WFG). Registered Representative of WFG.
All information contained on this website is strictly for informational purposes only and should not be construed as investment, legal or tax advice. Myers Financial Services does not provide tax or legal advice. WFG Investments, Inc. does not provide tax or legal advice. Please consult your tax or legal advisor with any legal or tax questions. Do not e-mail orders to buy or sell securities, transfer funds, or send time sensitive instructions. We will not accept such emailed orders or instructions.
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| Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2023. |
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