Most advice is 'if you will be in the same or lower tax bracket during retirement, chose Traditional, otherwise Roth.
Which sort of sounds like 'if you can predict the future, choose x'
But did more research and it seems like everyone should chose Roth IRA. 4 reasons why.
1. Unless you’re an extremely disciplined saver and calculate how much money you saved on taxes with a Traditional IRA and invest that in a different account, you will , end up with more after tax money in retirement with a Roth IRA.
2. If you continue to increase your income, eventually you won't be able to invest in a Roth. If you are single making over $140,000, you can't invest.
3. Early withdrawal rules are much more flexible with a Roth. There are ways you can get out your contributions before 59 years old without paying a penalty.
4. The Roth accounts have fewer restrictions for retired people. Traditional IRAs accounts require you to start taking money out at 72. With a Roth you don't have to.
