What are the differences of a Roth and Traditional IRA?

An IRA can be an important part of your retirement preparation. This tool can help you better understand the financial difference between a Roth IRA and a Traditional IRA. With that understanding, you can decide which IRA may best meet your investment expectations and financial needs.  

The analysis provided by this tool is based solely on the information provided by you. All examples, if any, are hypothetical and for illustrative purposes and do not represent current or future performance of any specific investment. No guarantees are made as to the accuracy of any illustration or calculation. This information does not serve, either directly or indirectly, as legal, financial or tax advice and you should always consult a qualified professional legal, financial and/or tax professional when making decisions relative to your individual tax situation. All investments carry a degree of risk, and past performance is not a guarantee of future results. Generally speaking, the greater the return, the greater the risk.