Have a Roth IRA? Steer Clear of This Pitfall
When it comes to building your retirement nest egg, you have choices. You could opt to save for your later years in a traditional IRA. Doing so gives you a tax break on your contributions on top of tax-deferred investment gains.
But a Roth IRA could end up being an even better retirement savings plan for you. With a Roth IRA, you won't get a tax break on your contributions, but your money will grow tax-free and the withdrawals you take as a retiree will be yours free and clear of taxes.
Source Fool.com