In this video I cover my interpretation of how Roth IRA and Traditional IRA vary. I then give an example how what tax a tax bill would look like utilizing a traditional IRA.
I do not cover tax savings using standard deductions or anything in this video (i.e. you may get to write off $12k in income just based on standard deductions). For more information on that look up standard deductions due in retirement. But this is beneficial for folks trying to get into dividends and dividend investing, and passive income.
I use fidelity investments for my dividends and dividend investing portfolio for passive income.
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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
So I have a IRA opened at my local Federal bank…that’s not the same thing as a Roth IRA then???
You guys are teaching me alot thank i like your channel i have been with you since you had only 100 Subs and a watch all your commercials in you tube lol you will be earning alot more from.YouTube soon passive income to.invest in dividend stocks
do you recommend doing some Roth and some Traditional?