If I put money in a traditional IRA would it be any different than putting in saving account if I don't buy any stocks? ?

Other than tax benefits, would there be any growth for example if you don't invest in any ETF or stocks?

3 Answers

  • kswck2
    Lv 7
    1 month ago

    Savings account pay nearly nothing these days. IF nothing more you can invest in ETF's , Index's or Bonds and make more. 

  • 1 month ago

    You could still have some growth.  Some banks offer interest-earning IRA's.  It's not a lot, especially right now, but it's a little more than nothing.

  • 1 month ago

    i would ask a tax place about it

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