Hi, The choice if you should pick a Roth IRA or Traditional should be based on your needs and tax rate. Over the long term studies show there may not be a big difference because in both cases you pay taxes on the money.
To illustrate: If someone is in the 20% bracket and has $100 and earns 20%. In a Roth IRA he would invest $80 and pay immediately $20 taxes and after earning 20% percent he would have $96. If he would put away the $100 in a Traditional IRA he would invest $100 earns $20 he would pay $24 in taxes and still end up with $96.
Reason to pick Roth over Traditional IRA.
Reason to pick Traditional IRA
In general people are in a lower tax bracket when they retire.
Roth IRA may become taxable by an act of Law. We just seen changes to the Education IRA HRA Account where more money became Taxable.
Two odd reasons to USE IRA Account to invest