Direct contributions to a Roth IRA are not tax deductible and the earnings on the contributions do not incur current year income taxes much like a 401k. The biggest advantage is that when you withdraw money from a Roth IRA, both the contributions and the earnings are not taxable as long as...
Retirement accounts with tax-deferred (401k) or tax-free status (Roth IRA) may be more appropriate for mutual funds with high turnover rates. In any case, investors should do their homework to determine the right mix for them. There are many online sources for finding the turnover rates ...