The difference between a Roth IRA and a traditional IRA is that a Roth IRA taxes contributions, while a traditional IRA has tax-free contributions, but may require taxes upon withdrawal. Consider whether taxes will be more or less in the future to decide between traditional and Roth IRAs with advice from a financial adviser in this free video on individual retirement accounts.
Expert: William Rae
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz
Duration : 0:2:30