should i contribute to roth or traditional ira first 
whether you should contribute to a roth ira or a traditional ira first depends on your future income expectations if you expect your income to be lower at retirement than at the current moment then you should focus your contributions toward traditional iras which provide immediate tax advantages however if you expect your income and thus tax rate to be higher in the future then consider contributing to roth iras first as future withdrawals from these accounts will be tax free the bottom lineroth iras and fsas offer even more tax savings for investors than tax deferred accounts as activities in these accounts are exempt from tax withdrawals and earnings in these accounts are tax free providing a perfect example of a tax advantage 910governments establish tax advantages to encourage private individuals to contribute money when it is considered to be in the public interest selecting the proper type of tax advantaged accounts or investments depends on an investor s financial situation 