Have you ever wondered "What's the difference between a Traditional and Roth IRA?" If this thought has crossed your mind and want to know more, this is the right video for you! In this video we take a look at what exactly the Traditional and Roth IRA's are. To start we’ll cover the basics and go over an IRA explanation. Next, we look at the major similarities and differences between the two accounts. Lastly, we explore the pros and cons of both and look at which would be a better fit for you. Tax 101 video: www.youtube.com/watch?v=P026NYopbHc Link to IRS chart showing the Traditional IRA early withdrawal penalty exceptions: Disclaimer: Hustle Libraries is not engaged in the provision of legal, financial, or tax advice. This video is solely for informational purposes, it is not intended as a substitute for the advice of professional advisors. Please consult with a lawyer, CPA, or other professionals regarding any legal, financial, or tax decision you c
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 :)