Roth IRA vs Traditional IRA 🇺🇸
Side-by-side comparison of after-tax retirement value.
About IRA Comparison
Roth IRA contributions are made with after-tax dollars but withdrawals in retirement are tax-free. Traditional IRA contributions are pre-tax (deductible) but withdrawals are taxed as ordinary income.
Rule of thumb: If you expect to be in a HIGHER tax bracket at retirement, choose Roth. If LOWER, choose Traditional.