The Pros and Cons of a Roth IRA

Article Excerpt: "...When you hit retirement age, you won’t have to pay taxes on withdrawals. That can give your savings a powerful boost if your tax rate is higher in retirement. For example, a person who saves the maximum $5,500 for 30 years in a Roth could end up with an account worth $555,902, compared with a traditional IRA worth $472,835..."

Resource: www.usatoday.com