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Traditional Vs ROTH IRA – Which Should YOU Choose?
There are so many questions that we have to ask ourselves when deciding where to invest our nest eggs for retirement. Just concerning the IRA alone there’s: Should I invest in a ROTH or traditional IRA? How do I invest in IRA? How much can I invest in an IRA? Well today I’m going to be answering these and many more common questions surrounding IRA. This is everything you need to know about IRA!
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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
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Ira trash brokage account better
Update. It is now $6,000 under 50. $7,000 over 50.
hey, can i know if i can still contribute to my roth ira if im not working?
So if someone wanted to start a Roth IRA for their children. I could start it for them when they were born and contribute on their behalf until they are old enough to contribute on their own?
Your sketches are distracting. Wish you explain them with simple illustrations.
8 minutes! 8 minutes of listening to this before I got a splitting headache!
And since you don't even mention people making less that 100,000 per year I understand that this whole IRA/ROTH IRA is not for poor people at all…. [sigh]
And I thought I could get a simple explanation…
You made it Super confusing!!!!
Loved this!
Thats why the middle class is so bad.
Thank you for this great video. Much appreciated.
what about rollover ira
I still don’t know witch one to choose 🙁 just a bunch of scenarios and idk witch one is better. Thank you for trying though.
Your writing pictures is a big distraction. I could not concentrate on the matter. Sorry.
Can you make one less complicated plzs thanks
Can you open both. Let’s say you opened a Roth IRA then you open traditional orange at the same time until you retire?
Can I do both ?
The reason why minimum distributions are required on Trad IRA's is because the money has been growing tax-deferred all this time–and eventually the Govt wants to tax that money. If you never withdrew it, they could never tax it. So they force you to withdraw to grab their cut.
savings? nah YOLO'ing in WSB
From my understanding which ever one you go with isn’t bad. Especially starting out. Either way your money needs to sit there for 5 years minimum plenty of time to learn. It more depends on your life like I want the opportunity to pull my money out earlier than 59 with the fact that I have a retirement account through work. If you have nothing start anywhere and you’ll be fine if your 30 and under just get in and pick your stocks wisely
Yeah ok i got said no one on here literally
Where are the car bombs at?
Man i am sorry but this Vid never did clearly explain the difference between the two that i could discern.
Is there an English version of this video?
can one max out one's 401k, Roth IRA and IRA on any given year? Legally?
Does it makes a difference if I contribute on my Roth IRA a $6000 now (start of the year) than contributing at the end of the year?
Alimony and child support should be considered income.
Magi vs agi need its own video tbh
I've been told about going for a provisional ira but I'm not sure, should I?