IRA or Roth IRA
I am getting a little bit confused when deciding what kind of IRA I can actually go for. Any advice would be appreciated.
I am married and our Gross income according to 1040 is around $91,000 for 2003. I want to open an IRA or Roth IRA. From the amount of our income I would assume that the Roth IRA is only option. Is this correct?
Thanks for any help.
Chris
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