When it comes to saving for retirement, you have plenty of plan choices. You could opt for a traditional IRA and get a tax break on the money you contribute. But if you're able to swing those contributions without that immediate tax break, then you may want to save for the future in a Roth IRA instead.

Roth IRAs are loaded with benefits. Not only are investment gains in a Roth IRA tax-free, but withdrawals from these accounts are tax-free as well. And at a time in your life when you may no longer be working, not having to lose a portion of your income to the IRS can be a very nice, comforting thing.

Meanwhile, you may not need to tap your Roth IRA at different points in retirement, and that's a good position to be in, too. And the great news is that Roth IRAs do not force savers to take required minimum distributions (RMDs) the same way traditional IRAs do. This gives you the option to leave your savings invested in a tax-advantaged manner even longer.

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Source Fool.com