The right IRA for you depends on many factors, such as your income level, what other retirement accounts you may have, and your age. Generally speaking, a Roth IRA is best suited for those who expect to be in a higher tax bracket when they start taking withdrawals, and a Traditional IRA is best suited for those who expect to be in the same or lower tax bracket when they start taking withdrawals. See our Roth vs. Traditional IRA infographic to help you compare other main differences and determine which is right for your retirement goals. 

When comparing a Roth vs. Traditional IRA, consider whether it makes more financial sense to enjoy tax-free withdrawals in the future with a Roth IRA, or take advantage of potential tax benefits today with a Traditional IRA. Keep in mind that while there are no income limitations to contribute to a Traditional IRA, you are not eligible for a Roth IRA if your income level is too high. Learn more about the differences between a Roth vs. Traditional IRA, or call us at 866-855-5635 for help.