Compare the Traditional IRA to the Roth IRA
Know the Benefits and Limitations of Each IRA.
Compare some of the differences of Traditional IRAs and Roth IRAs.
|Traditional IRA||Roth IRA|
|Tax-Deductible Contributions||Yes (deductible Traditional IRA only)||No|
|Tax-Free Earnings||No (You only pay taxes when
you withdraw after you retire)
|Tax-Free Withdrawals after Retirement||No||Yes|
|Income limits||Yes (Deductible)