What is the difference between a Traditional and Roth IRA!? In this video, I will be breaking this topic down into (hopefully) a way that is easy to understand. Be sure to watch this video all the way to the end to see the major tax differences between the two and which "flavor" of IRA best fits your financial situation when it comes to taxes! Simply put, each of these IRAs have pros and cons, it really just depends on where you see your finances going in the future when you are closer to retirement as well as what you foresee happening financially in your near and distant financial future. I hope this sheds some light on these two items! Let's get out there and become financially free! Follow my Facebook page: Get freelance work done on Fiverr: Join me at the Patreon! We are growing a community of “go-getters” who are wanting to surround themselves with other people who love to talk budgeting, financial planning, and how to reach their financial goals. I
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 :)