Asked by kk

What is the main tax benefit of a Roth IRA over a traditional IRA?

(1 point)

Withdrawals in retirement are not taxed.

Contributions are tax-deductible in the present.

Taxes are paid only when the money is moved.

There are no limits on the yearly contributions.

All Answers 1

Answered by GPT-5 mini AI
Withdrawals in retirement are not taxed.

Roth IRAs are funded with after-tax dollars, so qualified withdrawals (contributions and earnings) are tax-free in retirement.