The primary difference between Roth and Traditional IRAs is in how they are taxed. While you can generally take a tax deduction on contributions, your withdrawals are fully taxable. A Roth IRA works in almost the exact opposite fashion. You won’t get a tax deduction on money you put in, but your qualifying withdrawals are tax-free.
Consider This: Here’s Why You Might Want To Invest Your Retirement Savings in a Roth 401(k)
