#609 Should You Contribute to Your Traditional IRA, or Go Roth Instead?

Should you take the tax deduction today… or build tax-free wealth for tomorrow? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down the Roth vs. Traditional IRA debate and explain why the “lower tax bracket in retirement” argument doesn’t always hold up in the real world. They walk through the math, the mindset, and the long-term strategy behind both options — including inheritance planning, self-directing for higher returns, tax rate uncertainty, flexibility in retirement, and why most entrepreneurs don’t actually earn less in retirement. You’ll also learn how the backdoor Roth IRA works for high-income earners and how to use creative tax strategies to offset Roth conversions. If you’re rushing to make a last-minute IRA contribution before the tax deadline, this episode could change your decision. Make sure you understand the long-term consequences before chasing a short-term deduction! You’ll learn: The real difference between a Roth IRA and a Traditional IRA — and why the math isn’t the whole story Why the “you’ll be in a lower tax bracket in retirement” argument often fails for entrepreneurs and investors How paying taxes on the seed vs. the harvest dramatically impacts long-term wealth Why a Roth IRA can be the most powerful asset to leave to your kids How high-income earners can legally use the backdoor Roth IRA strategy When a Traditional IRA might still make sense — and how to use both strategically How to create offsetting tax strategies to fund a Roth without increasing your tax burden Why contributing early (not just before the deadline) can significantly increase long-term returns Get a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here’s the link - Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You don't want to miss this! Secure your tickets for the Event For Small Business Owners On Main Street America: Main Street 360 Looking to connect with a rock star law firm? KKOS is only a click away! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification. Check out our YOUTUBE Channel Here: Craving more content? Check out my Instagram!

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#609 Should You Contribute to Your Traditional IRA, or Go Roth Instead? is an episode from Main Street Business by Mark J Kohler and Mat Sorensen.

This episode is 30:23 long.

This episode was published on Feb 20, 2026.

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