Roth IRA vs Traditional IRA | Which is BEST for you?

There are two main types of IRAs, the Traditional and the Roth. The Traditional IRA allows you to contribute money that has not yet been taxed. This is considered pre-tax income. A Roth IRA is where you contribute funds you’ve already paid taxes on. This video talks about how these two differences can affect you.

⏱ Time Stamps:
00:00 Intro
00:56 Tax Differences
01:53 Early Withdrawals
03:26 Required Minimum Distributions (RMDs)
04:17 Income Limits
05:15 Tax Free Growth
05:53 Deadlines and Limits
06:17 Which is best for you?
07:11 Outro

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