Hello pablosatz,
Main difference between Traditional and ROTH IRA is when you pay taxes. With Trad. IRA, you put pre tax money and you pay taxes when you withdraw money when you retire. Taxes you pay will depend on your overall income. With ROTH, you do not get tax benefits now but money grows tax free over the years and you do not pay taxes when you withdraw money. Also as of now, ROTH accounts are not subject to RMD rules.
They both have their pros and cons and which one is better depends on your situation. People with high tax rate might get good benefit by contribution to IRA. Lower Tax rate is generally good for ROTH since tax benefit now outweigh the future tax benefits. See below link for more info. on ROTH vs. Traditional IRA.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/difference-tradition...
https://blog.turbotax.intuit.com/tax-tips/should-you-contribute-to-a-roth-ira-traditional-ira-or-401...
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