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Ep 6: Traditional vs Roth IRA
Manage episode 348559070 series 3403932
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Most Americans will utilize a retirement account during their working career to put money aside for retirement, and the most common option is the IRA. However, things can get a little trickier when deciding whether a traditional IRA or a Roth IRA is the better fit for your investments.
On this episode, we’ll provide you with the information you need to understand the differences between these two types of accounts and get a clearer picture of who might benefit from one over the other.
Here’s some of what you’ll learn on the podcast:
· The key differences between the two (1:38)
· Why people contributed more to traditional IRAs over Roth. (4:44)
· Why the Roth can be so powerful for retirement. (6:00)
· Who would benefit from a Roth over a traditional IRA? (7:55)
· Why would you choose traditional over Roth? (9:21)
Get more educational videos on YouTube: https://bit.ly/4b80CuY
CONNECT:
If you have any questions, you can contact us online here: https://cravitzfinancial.com/
Email: ryan@cravitzfinancial.com
Call: 714-462-9155
Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.
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