Contributions to Roth IRAs are:

Contributions to Roth IRAs are not tax deductible. This means that when you contribute to a Roth IRA, you do so with money that has already been taxed. The benefit of this is that when you withdraw the money in retirement, both the contributions and any earnings grow tax-free, provided certain conditions are met.

This feature is particularly appealing for individuals who expect to be in a higher tax bracket during retirement than they are currently. It allows them to pay taxes now at a possibly lower rate, rather than paying taxes on withdrawals later when they could be taxed at a higher rate.

Understanding the tax treatment of Roth IRA contributions is essential for effective tax planning and retirement strategy.