Traditional IRA vs Roth IRA. The Optimal Strategy To Avoid Common Mistakes.

Mike's Financial Edge
Mike's Financial Edge
596 بار بازدید - 9 ماه پیش - How to choose between Traditional
How to choose between Traditional IRA and Roth IRA. Learn the essential differences between a Roth IRA and a Traditional IRA, including their tax implications now and in the future, and compare the benefits of each. This video covers important topics such as estate planning, Required Minimum Distributions (RMDs), the advantages of having both types, and more. A comprehensive guide to help you make informed decisions about your retirement savings.

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Timestamps:
0:00 Intro
0:55 Examples Comparing Taxes
6:32  Contribution Limits
7:00 Doing Both?
7:18  IRA Tax Strategies
13:35  IRA Restrictions
15:19  Withdrawing IRA Funds
16:20  Distribution Rules
16:47  Future Taxes
17:42  Recommendations & Conclusion


Disclaimer:  I am not a financial advisor.  This video, and the ideas presented in it, are for educational and entertainment purposes only and should not be construed as financial or legal advice.  It is imperative that you conduct your own research and, if needed, get professional advice suited to your unique circumstances.  I am merely sharing my passion for personal finance, stock market investing, other types of investing, and overall money management to help people achieve their financial goals.
9 ماه پیش در تاریخ 1402/07/10 منتشر شده است.
596 بـار بازدید شده
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