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The Basics of Roth IRAs Explained

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Manage episode 436787707 series 3477542
Indhold leveret af Jude Wilson. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Jude Wilson eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Join us for this episode of “The Roth Guy” as we cover the fundamentals of Roth IRAs. We'll start with the basics: What exactly is a Roth IRA? Jude breaks down the essential components, including the differences between traditional IRAs and Roth IRAs, and why it's crucial to consider tax diversification in your retirement strategy. He’ll also cover important topics such as contribution limits and eligibility for 2024, as well as the differences between Roth contributions and conversions.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:52 – The basics of Roth IRAs and tax diversification

5:55 – Contribution limits in 2024 + finding balance

10:49 – Roth contributions vs conversions

14:03 – Roth conversions and Medicare premiums

Check out the Tax Efficient Funnels pdf HERE

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

  continue reading

125 episoder

Artwork
iconDel
 
Manage episode 436787707 series 3477542
Indhold leveret af Jude Wilson. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Jude Wilson eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Join us for this episode of “The Roth Guy” as we cover the fundamentals of Roth IRAs. We'll start with the basics: What exactly is a Roth IRA? Jude breaks down the essential components, including the differences between traditional IRAs and Roth IRAs, and why it's crucial to consider tax diversification in your retirement strategy. He’ll also cover important topics such as contribution limits and eligibility for 2024, as well as the differences between Roth contributions and conversions.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:52 – The basics of Roth IRAs and tax diversification

5:55 – Contribution limits in 2024 + finding balance

10:49 – Roth contributions vs conversions

14:03 – Roth conversions and Medicare premiums

Check out the Tax Efficient Funnels pdf HERE

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

  continue reading

125 episoder

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