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Traditional vs Roth IRAs: Frequently Asked Questions

Traditional IRA and Roth IRA text on a book isolated on office d

  • What’s good about investing in IRAs?
  • Can anyone have a traditional IRA?
  • Can my stay at home spouse have an IRA?
  • What makes Roth IRAs so special?
  • Can anyone have a Roth IRA?
  • Can I set up a Roth IRA for my spouse?
  • Can I set up a Roth IRA for my child?
  • What’s the downside to Roth IRAs?
  • What can I do if I converted to a Roth IRA and my income exceeds $100,000?
  • What if my Roth IRA assets fall in value after conversion?
  • How are my heirs taxed on inherited Roth IRA wealth?
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