Detailed text transcripts for TV channel - FOXNEWS - 20120411:11:26:00
Income. it's not tax deductible this year. it's an after tax investment. only thing that will offset income this year is the traditional i.r.a. and in spite of that, i'm going to say hey, pay a little more in taxes now and do the roth i.r.a. for most everyone. unless you're a little bit older in your 60's or something, the map on the roth works out beautifully because most of what is in your account at retirement is growth and with the roth, the growth is all tax free so i would give up the tax break this year. >> can anyone get a roth? i thought if you made a certain amount of money, you're n...