Josh takes a break from Sustainable Investing to discuss the benefits and flexibility of the Roth IRA, possibly the most powerful retirement planning tool for the highest number of people. He describes the primary differences between the Traditional and Roth IRAs. Of course, details apply and each person's situation is unique. TRANSCRIPT: Hey, it's Josh Weller here. It's Roth IRA Awareness Month at Cary Stamp & Company, so I'm diverting my focus away from Sustainable Investing just for a little while, to focus on a Roth IRA and why I think it is the most powerful and compelling tool in your retirement planning tool box. First, let's take a look at a traditional IRA. The big advantage of a traditional IRA is the money that you're contributing is tax deferred. You're using pretax dollars and let's say you contribute $6,000, which is the maximum for anybody under 50, that $6,000 is deducted from your income for the year. So you save the
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)