Watch my video to learn the difference between Roth and Traditional IRA’s When choosing between a Roth IRA and a Traditional IRA, it’s important to understand the key differences and benefits of each. Both are types of individual retirement accounts in the United States that offer tax advantages, but they differ in how and when you get those tax benefits. In Traditional IRA’s anyone with earned income can contribute, but the tax deductibility of contributions may be phased out at higher income l