Retirement accounts can be confusing. They may be something you are intimidated by or just completely avoid. Making sure that your retirement is full of grand kids and RVing and not Walmart greeting and cat food could very well depend on where and how much money you invest in your working years. The IRA is the vehicle that can get you cruising into your golden years in style. But which is more appropriate for you, Traditional or Roth?


The biggest difference between a Roth and a traditional IRA is how and when you get a tax break: The tax advantage of a traditional IRA is that your contributions are tax-deductible in the year they are made. The tax advantage of a Roth IRA is that your withdrawals in retirement are not taxed.