2012-09-30, 09:08 PM
Well, traditional + roth is really the only way to go. If you have multiple roths by multiple companies it makes absolutely no difference to the IRS. They view all of it as one pooled sum with a defined universal contribution limit. Same way with traditional IRAs. So just having one of each (and rolling all IRAs to new employers/accounts) just makes things easier.
There are other advantages to roth IRAs too. Like, you can withdraw your personal contributions at any time. You cannot withdraw capital gains unless you want to be smacked with a 10% penalty. Once you get to a proper retirement age you can withdraw penalty free.
There are other advantages to roth IRAs too. Like, you can withdraw your personal contributions at any time. You cannot withdraw capital gains unless you want to be smacked with a 10% penalty. Once you get to a proper retirement age you can withdraw penalty free.