IRA accounts; Roth or Traditional
I'm looking to move an old employers 401(k) account into an IRA. I prefer a Roth IRA account for the tax-free growth over a Traditional IRAs tax-deferred growth, unfortunately I can't move it into a Roth IRA without taking a hit on my income taxes. Just wondering what some of your opinions are about the two IRA accounts. Also do you think opening one of each is a smart move?
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