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Roth IRA vs Traditional IRA | Which is BETTER For You?


Roth IRA vs Traditional IRA - Which IRA is the BEST option for you? Is one better than the other? In this video, I'll go over the similarities and differences of these two Individual Retirement Accounts known as IRAs. To name a few we'll discuss the annual max contribution, tax benefits, and contribution eligibility. Also, I'll share which IRA type I contribute to. AGI Calculator - MAGI Calculator - Roth IRA Calculator - Roth vs. Traditional IRA Calculator - Backdoor Roth IRA - CHECK OUT MY LINKS: JOIN M1 Finance: Get a FREE $50 - Where I invest my Dividend Stocks & Roth IRA FREE Annual Budget Expense Tracker: FOLLOW Me On Instagram ================================================ CHAPTERS 0:00 Intro 0:34 What is an IRA? 1:02 Similarities 1:43 Traditional Pre Taxes 2:00 Roth Post Taxes 2:38 Roth Annual Limits Single 3:24 Roth Annual Limits Married 4:12 Withdrawal Rules 5:17 Which is Best for You? 6:33 Outro #RothIRA #RothVsTraditional #Traditional401k Referral Link Disclaimer: Some of the links above are referral links where I will receive a bonus when you sign up and add no additional cost to you. Disclaimer: This video is for information and education purposes only. These are my personal ideas and opinions. They should not be taken as recommendations or financial advice. I am merely sharing my investment journey. Before making any investments, please do your own research and consult with a professional....(read more)


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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