Maybe you’ve heard differences between a Roth and traditional IRA in the past, but how do you determine if a Roth is right for you? What are the short-term vs. long-term benefits?
On this episode:
0:33 - What’s the difference between a traditional IRA and a Roth IRA?
2:11 - Why do so many people contribute more to traditional IRAs?
3:14 - Why can a Roth be powerful for someone saving for retirement?
4:45 - Who should contribute to a Roth instead of a traditional IRA?
5:50 - Who should contribute to a traditional IRA?
Check out the show notes and additional resources here: https://coveryourassetskc.com/episode-45-are-you-missing-out-on-contributing-to-a-roth-ira/
Version: 20240731
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