The Roth IRA has some incredible tax advantages like tax-free growth and tax-free income in retirement, but you might end up owing money if you don’t follow the rules and requirements in the Roth.
If you have a savings account, an online savings account, a CD, or a brokerage account, you’ll want to pay attention to what we are sharing. This video could help you keep more of that savings in your pocket rather than giving it to the IRS.
In this video, we will discuss whether it’s better to contribute to a traditional 401k or a Roth 401k when you’re in your 60s by talking about the factors you need to consider.
Without that steady income stream from work, people most commonly rely on their investments. Depending on where you’ve been saving, your money will likely come out of an IRA or a 401(k) and those withdraws will be subject to tax. Based on the amount of debt our country is facing right now, where do you think taxes are going in the future?
Your 401k is likely your biggest savings tool for retirement and depending on how you manage it could be the difference in retiring early, retiring on time, or having to work a few years longer.
In this video, we’re going to talk about factors to consider and strategies to utilize to lower the amount of tax you’re going to owe so that you can keep more of your hard-earned money in your pocket. No one wants to give more to the IRS than they have to and we’re going to talk about ways to do that.
Ep 97: Inheritance Distributions, Combining 401ks, Investing for Inflation & Retirement – Mailbag Episode
Subscribe With Your Favorite App Show Notes In this episode, we’re opening up the listener mailbag to answer questions about distributions that you might need
Subscribe With Your Favorite App Show Notes Today we’re going to open up the mailbag to answer your financial questions and we’ll be covering some
Subscribe With Your Favorite App Show Notes Another round of retirement changes are on the way after President Biden signed a spending bill in December