Lower-cost index funds vs. managed (higher-cost) tax-advantaged IRAs?
If having to choose between a non-retirement lower cost index fund and a managed higher cost IRA (both traditional and Roth), which is less impeded and likely to grow more long-term?
Put another way, would the tax benefits of an actively managed IRA outweigh the drag of the higher fees? I suppose it's a matter of determining values for all the variables and doing the math, but I don't quite get the overall tax implications of non-retirement accounts. Is there an easy way to compare these two options generally?
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