Personal Finance (12th Grade)
Retirement Planning
What is the difference between a traditional individual retirement account (IRA) and a Roth IRA?
Traditional IRA contributions are tax-deductible, while Roth IRA contributions are not
Traditional IRA allows tax-free withdrawals, while Roth IRA does not
Traditional IRA has income limits, while Roth IRA does not
Traditional IRA has a higher contribution limit than Roth IRA