Should I open an IRA or a Roth IRA?

I am 65 years old and trying to reduce my taxes for this year.

IRAs, Taxes, Retirement Plans
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January 2016
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If you are trying to reduce taxes for the current year, then an IRA would be the best choice. 

Assuming certain qualifications are met, your contributions to a traditional IRA are tax deductible in the current year, the account will accumulate tax-deferred, and the distributions will be taxed as income as you withdraw your funds.

A Roth IRA will not give you a tax break in the current year as it is funded with after-tax contributions, but will accumulate tax free and assuming certain qualifications are met, distributions will be tax free in retirement.

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