ROTH IRA VS TRADITIONAL IRA VS 401K | Should you contribute to a Roth IRA, Traditional IRA or a 401k? In this video, I’ll share everything you need to know about a Roth IRA, Traditional IRA & a 401k, to help you decide which contribution to make.
#rothira #401k #traditionalira #financialplanning
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0:00 – Roth IRA vs Traditional vs 401K
0:32 – What is an IRA?
1:17 – What is the difference?
3:50 – Who is eligible to contribute?
5:25 – What is a 401K?
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***RECOMMENDED READING LIST***
The One-Page Financial Plan by Carl Richards (easy read, holistic + fun graphics!)
Simple, Smart Investing by Ian Kennedy (can help you construct your investment portfolio)
A Random Walk Down Wall Street by Burton G. Malkiel (classic book that sold me on index funds)
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Alvin Carlos is a CFP® professional and CFA® charterholder. His team helps young/mid-career professionals to be smarter with their money. They help them optimize their investments, lower taxes, pay off debt, and have peace of mind.
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This content is for education and entertainment purposes only. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
Anyone contributing to one or more of these already?
Skip ahead HERE!
0:00 – Roth IRA vs Traditional vs 401K
0:32 – What is an IRA?
1:17 – What is the difference?
3:50 – Who is eligible to contribute?
5:25 – What is a 401K?