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Showing posts with the label RothIRAgraham

Traditional IRA vs. Roth IRA: Which should you choose?

Traditional IRA vs. Roth IRA: The Most Commonly Overlooked Consideration, why this choice can drastically alter your retirement ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- How should I spend my money? This is a question often asked. How do people become rich? Do I need to be born rich? Do I need to be smart? Well educated? Do I have enough money to invest? Is it too late to save for retirement? The key to becoming rich is to spend your money on ASSETS. MoneyMakers is a channel devoted to discussing techniques on building wealth through assets to make your money make you more money. MoneyMakers is not a registered Investment Advisor. We do not and will not provide personalized investment advice. Any investment questions should be directed to a qualified, licensed, or professional f

Traditional IRA vs Roth IRA Vs Back Door Roth IRA: Anybody Can Invest 2021

The Roth IRA and Traditional IRA are mega boosters to your retirement. -Get One Free Stock -Robinhood- -Life Insurance Quotes- -Budgeting-YNAB- 0:00 -Intro 0:30 -What is An IRA? 2:06 -Rules of an IRA 3:22 -Where To Get an IRA 4:08 -Traditional IRA 7:14 -Roth IRA 10:21 -IRA Warning 11:37 -Which is Best 12:43 -Backdoor Roth IRA 14:34 -BackDoor Roth IRA Drawbacks Contact: For business inquires nate.r.jackson88@gmail.com Tools I use to support the youtube channel: Website Hosting: Domain Registration: Camera: Canon M50 Microphone: Tascam DR-10L When it comes to the Traditional Vs Roth IRA it is a very simple process to start one. What is an IRA? An Individual retirement account is a tax sheltering account that can be used to invest and grow your money for retirement. You must be 59 1/2 in order to withdraw this money. The max that you can input for 2021 is $6,000. This must be earned income. If you make less than $6,000 then you can only put in what you make. If you h