Question: Jack is a 48 year old consultant who earns 480 000 per year
Jack is a 48-year-old consultant who earns $480,000 per year. Hector is a 19-year-old college student who has just finished a summer job that paid him $5,000. Both are planning on putting some of their earnings into IRA accounts. Who should be more likely to use a Roth IRA instead of a traditional IRA?
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