TermRetirement
Pre-tax vs Roth
Pre-tax lowers taxes now and is taxed later; Roth is taxed now and tax-free later.
Watch out for this
It's a bet on whether your tax rate is higher now or in retirement.
About this entry: short by design — every term in The Money Translator gets a one-sentence definition and a one-sentence reason to care. Some terms get deeper guides under the work.