Parareal and multigrid-reduction-in-time (MGRIT) are two popular parallel-in-time algorithms. The idea of both algorithms is to combine the (fine-grid) time-stepping scheme of interest with a "coarse-grid" time-integration scheme that approximates several steps of the fine-grid time-stepping method. Convergence of Parareal and MGRIT has been studied in a number of papers. Research on the optimality of both methods, however, is limited, with results existing only for specific time-integration schemes. This paper focuses on analytically showing ℎ -and ℎ -independent convergence of two-level Parareal and MGRIT, for linear problems of the form ′ ( ) + ( ) = ( ), where is symmetric positive definite and Runge-Kutta time integration is used. The analysis is based on recently derived tight bounds of two-level Parareal and MGRIT convergence that allow for analyzing arbitrary coarse-and finegrid time integration schemes, coarsening factors, and time-step sizes. The theory presented in this paper shows that not all Runge-Kutta schemes are equal from the perspective of parallel-in-time. Some schemes, particularly L-stable methods, offer significantly better convergence than others. On the other hand, some schemes do not obtain ℎ-optimal convergence, and two-level convergence is restricted to certain parameter regimes. In certain cases, an (1) factor change in time step ℎ can be the difference between convergence factors ≈ 0.02 and divergence! Numerical results confirm the analysis in the practical setting and, in particular, emphasize the importance of a priori analysis in choosing an effective coarse-grid scheme and coarsening factor. A Mathematica notebook to perform a priori two-grid analysis is available at https://github.com/XBraid/xbraid-convergence-est. Recently, two-level theory was developed by Southworth 15 that provides tight bounds on linear Parareal and two-level MGRIT for arbitrary time-propagation operators. The central aim of this paper is to use these tight bounds to analytically show ℎindependent convergence of two-level Parareal and MGRIT for linear problems of the form ′ ( )+ ( ) = ( ), where is SPD and Runge-Kutta time integration is used. Thus, this paper highlights the practical implications of the new theory, particularly for parabolic-type PDEs with SPD spatial operators. The relatively clean formulae derived in 15 allow for straightforward convergence analysis of arbitrary coarse-and fine-grid propagators, coarsening factors, and time-step sizes. Therefore, this paper can be seen as a substantial generalization of previous works by Mathew et al. 25 and by Wu and Zhou 26, 28 on ℎ-independent convergence of Parareal. Our theoretical framework also encompasses analysis of various modified Parareal algorithms, such as the (scalar) -Parareal method 29 and modified A-/L-stable fine-grid propagators introduced in 30 .Because the underlying two-grid bounds used in this work are tight, they allow us to easily demonstrate that not all Runge-Kutta schemes are equal from the perspective of parallel-in-...