<prompt> Human: It seems like everyone here prefers Roth IRAs to traditional IRAs. I look at the matrix in the sidebar and I cant tell why this is the case. Doesnt it stand to reason that like a 401K Id rather be taxed later? Can anyone explain it to me like I am 5? If it matters I am currently maxing out my 401K and traditional IRA. Im mostly asking to see if I should take the time to backdoor my traditional IRA into a Roth.  <response>: Lots of people also have access to a 401k through their employer, meaning that the income limits to deduct traditional IRA contributions are significantly lower. However, neither Roth nor traditional is inherently better than the other. Which one is better depends on the individuals tax situation now vs. expected tax situation in retirement. 