Enter your contribution, time horizon, and current vs. retirement tax rates to see which IRA type leaves you wealthier after tax — with a year-by-year comparison chart.
Roth and Traditional IRAs grow to the same balance at retirement — the only difference is when you pay taxes. Roth: pay now at current rate, withdraw tax-free. Traditional: defer now, pay at retirement rate. If you expect to be in a higher bracket in retirement (common for young earners), Roth wins. If you expect a lower bracket in retirement, Traditional wins. When uncertain, split between both.