3 Ways Saving in a Roth IRA Could Backfire on You

You'll often hear that the Roth IRA is the best retirement savings plan out there, and there are plenty of good reasons to fund one. But Roth IRAs have their drawbacks, and so before you open one, be aware of these pitfalls you might encounter.

When you contribute money to a Roth IRA, you don't get an immediate tax break. Rather, your tax savings arrive during retirement, when you're entitled to withdrawals that aren't subject to taxes. Savers are often encouraged to choose a Roth IRA if they feel their tax rate will rise during retirement. That way, they pay taxes on their money at a lower rate and then enjoy tax-free withdrawals when they're subject to a higher one.

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Source Fool.com