Turn those tax laws to your advantage.
When you’re saving for retirement, be sure to factor in what you’ll need to send to Uncle Sam. With both a 401(K) and a Traditional IRA, you’ll likely owe taxes on the money you withdraw. But with a Roth IRA, your investments grow tax-free and all of your withdrawals are tax-free. Use this calculator to see what a big difference this can make down the line.