Roth vs Traditional: IRA & 401(k) Explained – Which is Best for You?

Welcome to Talk 2 See! Deciding between a Roth IRA, Traditional IRA, Roth 401(k), or Traditional 401(k) can be confusing. In this video, we break down the key differences to help you make the right choice for your retirement strategy. 🚀 Here’s what we cover: ✅ The differences between Roth and Traditional accounts ✅ Contribution limits for IRAs and 401(k)s in 2025 ✅ Tax advantages: Pre-tax vs. post-tax contributions ✅ When to choose Roth vs Traditional based on your tax rate ✅ Real-life example comparing tax scenarios in different states ✅ Additional factors like RMDs, employer match, and long-term growth Whether you’re just starting your retirement journey or rethinking your strategy, this guide is packed with tips to help you maximize your savings and minimize your taxes. 💡 Key Takeaways: If your current tax rate is lower than what you expect in retirement, Roth might be the better choice. If you’re in a high tax bracket now and expect it to drop, a Traditional account could save you more. 📈 Want a deeper dive into retirement planning? Let me know in the comments, and I’ll create more detailed videos! 💬 Have questions or your own tips? Drop them in the comments below! 🔔 Subscribe for more personal finance and self-development videos! 🗞️ Check out Peter Thiel’s $5B Roth: https://www.propublica.org/article/lo... If you want to jump around: 0:00-0:33 Intro 0:33-2:26 Roth vs Traditional Review 2:26-4:35 Which One Should You Pick? 4:35-6:01 Other Aspects to Consider… We post every Wednesday to help you grow your wealth and achieve your goals. #RothvsTraditional #RetirementPlanning #401kvsIRA #PersonalFinance #Investing Subscribe! Follow us on Instagram (@Talk2See):   / talk2see   Follow us on TikTok (@Talk2See):   / talk2see