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Yahoo News Article Rating

Do Traditional or Roth IRAs Pay Off More In The Long Run?

Oct 31, 2022 View Original Article
  • Bias Rating

    -10% Center

  • Reliability

    N/AN/A

  • Policy Leaning

    40% Somewhat Conservative

  • Politician Portrayal

    17% Positive

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

N/A

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  •   Conservative
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-100%
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Bias Meter

Contributing sentiments towards policy:

52% : That's because income tax would reduce the Roth contribution to $4,680, while the full $6,000 could grow within the traditional account.
51% : We assumed an 8% annual rate of return in each scenario, and looked only at federal tax brackets, as state income tax varies.
48% : With a Roth IRA, the person would contribute $4,560 to her account after taxes at age 30 and watch her nest egg grow to $45,886.
48% : After paying taxes, the person would be left with $47,093 in their traditional IRA, making it a marginally better option.
45% : A Roth IRA, however, taxes your initial contribution so that you don't have to pay taxes when you withdraw your savings.
44% : However, a person with a traditional IRA would pay nearly $13,000 in taxes at the time she withdraws her money, making her post-tax withdrawal exactly the same as the Roth IRA: $47,093.
41% : Income taxes will take a substantial bite out of the person's traditional IRA at age 60, whittling the account down to $41,056.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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