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lillianlwynn
New Member

I opened a RothIRA this year, can I get a deduction for that?

 
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ThomasM
New Member

I opened a RothIRA this year, can I get a deduction for that?

No, you don't get a deduction for contributing to a Roth.  The benefits will come at retirement, when you can take distributions tax-free.

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ThomasM
New Member

I opened a RothIRA this year, can I get a deduction for that?

No, you don't get a deduction for contributing to a Roth.  The benefits will come at retirement, when you can take distributions tax-free.

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