What is the difference between a Roth and Traditional IRA?

So what is the main difference between a Roth IRA and a traditional IRA? And it is very simple. A traditional IRA, it is pre-tax and a Roth IRA is after tax. Now for a traditional IRA, the money I put in that year, it's going to act as a tax deduction. So what it does here is that at the end of the year, I'm going to claim on my taxes, it's going to help me lower my taxes, so that way I pay less taxes every year. Now, when I get to retirement, that is pretty much where you're going to be paying the taxes on that account. Now, with the Roth IRA, that one grows tax-free throughout the years, and the reason why is because you're going to be paying the taxes every year as you go. And then by the time you get to retirement, that money is essentially going to be tax-free. And now, when would you get a traditional IRA versus a Roth IRA? It just depends on your situation. If you tend to receive more, then your best option is the Roth. And if you tend to pay, the traditional IRA is your your best option, unless you have a 401k at work. And overall, that's the main differences between the two. Keep in mind that a Roth IRA and a traditional IRA by itself, it is not an investment. But the moment you put something in there, that is pretty much the investment. So that could be something that's variable where it goes up and down with the market or could be fixed, it could be an index. But overall guys, practice and enjoy and have a great one.