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)
Yes
Tax-Free Withdrawals after Retirement No Yes
Income limits Yes (Deductible)
No (Non-Deductible)
Yes