The Traditional IRA vs. the Roth IRA - Retirement Savings Planning

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>	IRAs - The Basics
>	A Background on Retirement Savings
>	Types of IRAs
>	The Traditional IRA
>	Is The Traditional IRA Right For Me?
>	The Roth IRA
>	The Traditional IRA vs. The Roth IRA
>	IRA Distribution Mistakes

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Income limits
Traditional IRA	Earned income at least equal to IRA contribution. Full deductibility of contributions if you (or you and your spouse, if married filing jointly) aren't participating in an employer-sponsored retirement plan regardless of your income. Full deductibility of 2006 contributions for active participants in a retirement plan whose modified adjusted gross income (MAGI) is $75,000 or less (joint) and $50,000 or less (single); partial deductibility for up to $85,000 (joint) and $60,000 (single).
Roth IRA	Earned income at least equal to IRA contribution. MAGI limits to be eligible for a full contribution: up to $95,000 for singles, up to $150,000 for joint filers. MAGI limits to be eligible for a partial contribution: $95,001 - $110,000 for singles; $150,001 - $160,000 for joint filers.

Required distributions
Traditional IRA	Required minimum distributions (RMDs) must start in the year you reach age 70½. Beneficiaries must also take mandatory distributions.
Roth IRA	None during the IRA owner's life. Beneficiaries must take mandatory distributions.