Are we planning our retirement and wondering which IRA is best? Traditional and Roth IRAs are two popular options, each with unique advantages. Understanding the differences between these accounts can help us make an informed decision about how to save for our future. In this blog post, we’ll explore the key features of traditional and Roth IRAs to choose the best one based on our financial goals and current situation. Let’s dive in! Understanding Individual Retirement Accounts (IRAs) Individual retirement accounts, or IRAs, are a type of investment account that can be used to save for retirement. There are two main types of IRAs: traditional IRAs and Roth IRAs. Both…