Instead of making deductions on your pre-taxed income, Roth IRAs make deductions after the payment of taxes.
Roth IRAs and Traditional IRAs are similar, except that unlike Traditional IRAs, Roth IRAs don’t make deductions to your pre-taxed income. Instead, contributions are made after the payment of taxes. As a result, the contributions that you will make in a Roth IRA will be made to be tax-free during the period of your retirement.
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