CV Sciences Inc (CVSI)

[Hmmmmmm]

A Roth IRA is taxed just any of your normal income would be taxed....not when 'going in'. Your contribution is 'after taxes'. You don't get double taxed on it.....the way you worded made it sound that way. Just wanted to clarify what AP meant, he prob meant 'before going in'.

But yes in a roth you could triple quadruple quintuple it and you wont pay a dime on it or its earnings when you eventually take it out at retirement.

A traditional ira, you get the tax break now on whatever you put in, and pay taxes(% depending on your tax bracket at time of distrubition) on it AND the earnings when you take it out.


Amounts vary based on employment, income, etc. i'm not so familiar on the current limits.