"Lavall: Why can you explain the benefits for the audience of a Roth IRA, what it is and, and why it's beneficial? Marguerita: Sure. So a Roth IRA can be very helpful. Now each year the IRS does raise the income guidelines as well as the maximum amount you can contribute. But the benefit to the Roth IRA is while you do not receive any tax savings today, the money can go tax-free in the future. So that's beneficial. Anybody, it's never too late." The Urban Income Show discusses topics on finances, business, entrepreneurship, and career growth with minority leaders. #UrbanIncome #UrbanIncomeShow === Learn how to improve your income & finance with Urban Income. Join our mailing list: www.urbanincome.com Follow Urban Income on Social Instagram: Facebook: LinkedIn: Listen to the Urban Income Show: Spotify: Web: www.urbanincome.com/ui-show/... ( read more )
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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 :)