Retirement tax questions

@Boyan you asked if you 'save' on taxes by contributing to an Trad IRA.  

 

you do not 'save' on taxes when contributing to an traditional IRA...you DEFER the tax until retirement under the presumption that tax rates will be lower than during your working years.  

 

Ask any middle class Baby Boomer retiree how much they are now paying in tax each year due to RMDs.