Do you have an IRA or a Roth IRA? What’s the difference?
In this episode, Tom Selbo explains the difference between IRAs and Roth IRAs, and why it might matter to you. He starts off with a fun story about delayed gratification. Tom then applies the lesson from the story to the discussion about the different circumstances where an IRA or Roth IRA is better suited.
- The differences between IRAs and Roth IRAs, and how they work
- Who should consider a Roth IRA and the rules for one in 2023
- How he thinks about Roth IRAs from a strategic and optimization standpoint
- Why you may need a plan when using multiple retirement savings vehicles
- And more
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