Slide 1ScenarioROTH IRA vs IRAOutcomesRetirementGroup 3Peter FrydendallChaz McKinneyMatthew MiyataMarvin RosaScenario•Student with a masters degree•New job •Starting salary $70k•2% increase a year•Needs an individual retirement plan•401k is not offeredROTH IRA vs IRA•Has to choose between Roth and traditional individual retirement accounts•He will contribute $5k a year•He will work for 35 yearsOutcomes•Best plan would be the one with the highest return when he
View Full Document