Calculator: Roth 401(k) vs Traditional 401(k) - AARP
www.aarp.org › work › retirement-planningA 401 (k) can be an effective retirement tool. As of January 2006, there is a new type of 401 (k) contribution. Roth 401 (k) contributions allow you to contribute to your 401 (k) account on an after-tax basis and pay no taxes on qualifying distributions when the money is withdrawn. For some investors this could prove to be a better option than the Traditional 401 (k) contributions, where deposits are made on a pre-tax basis, but are subject to taxes when the money is withdrawn.
Roth vs. Traditional IRA Calculator | Charles Schwab
www.schwab.com › ira › ira-calculatorsSee our Roth vs. Traditional IRA infographic to help you compare other main differences and determine which is right for your retirement goals. What should I consider when choosing an IRA type? When comparing a Roth vs. Traditional IRA, consider whether it makes more financial sense to enjoy tax-free withdrawals in the future with a Roth IRA , or take advantage of potential tax benefits today with a Traditional IRA.