Individual retirement accounts have many special rules to remember.
The benefits of a deduction now for your contribution to your regular IRA account include income tax savings (depending on your top tax bracket).
When you receive a distribution from the IRA, it is taxable income. That at least puts off the day of taxation. Maybe you will be in a lower income tax bracket then?
A disadvantage some folks don't remember is all of the income distributed from a regular IRA account is "ordinary" taxable income. If your account holds a stock that went up in value, you do not …