Taking a glucocorticoid medication (sometimes called corticosteroids) for treatment of inflammatory arthritis or other health problem may weaken your bones. This, in turn, can lead to osteoporosis. The good news is there are ways you can protect your bones while taking glucocorticoid medicine.
The two types of IRAs â Traditional IRAs and Roth IRAs â differ on income limits, age limits, and the Required Minimum Distribution (RMD). The main difference between a Traditional IRA and a Roth IRA is how theyâre taxed. (This is the tax deferred versus tax exempt distinction we referred to above.) If you choose a Traditional IRA, you donât pay taxes on your contributions until you make a withdrawal, usually in retirement.
IRA options for your 401(k) rollover. Both Roth and traditional IRAs offer advantages. Choosing one for your rollover depends on the type of account you have now and other factors, such as when you want to pay taxes.1  Roll over a traditional 401(k) into a traditional IRA, tax-free.oth Roth and traditional IRAs offer advantages. Choosing one for your rollover depends on the type of account you have now and other factors, such as when you want to pay taxes.