Timothy Sumer

On today's episode, we'll explore the difference between a Roth IRA and a traditional IRA. There seems to be a lot of confusion out there between these two very different retirement savings tools and we'll clear the big differences up today. Both IRAs and Roths have limits on the amount of money you can put away each year. The big difference between the two is when you'll pay taxes on that money. Join us today as we break down the essentials you need to know between these two retirement planning vehicles. Want to learn more about financial planning? Please subscribe to our channel and you won't miss a video ➟ 0:00 - Roth vs. IRA 1:00 - Roth IRA 1:54 - Traditional IRA _______________________________ CONNECT 🤝 Facebook: Twitter: LinkedIn: _______________________________ CONTACT ☎ Website: Phone: (951) 652-1544 Email: info@ruggierifinancial.com Appointment: ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: G

We don't always look forward to our next birthday, but there are some important ages that we need to pay attention to in retirement planning . There are certain age milestones that you should really focus on to your retirement planning progress. On this episode, we’ll look at the most important birthdays as you approach retirement and cover the exact things you should be checking off your to-do list at each age. Want to learn more about financial planning? Please subscribe to our channel and you won't miss a video ➟ 0:00 - Intro 0:42 - Age 50 - Catch up contributions 2:37 - Age 55 - Early withdrawals from 401(k)s 3:43 - Age 59.5 - Normal access to 401(k)s 4:52 - Age 62 - Eligible for Social Security 5:55 - Age 65 - Access to Medicare 6:44 - Age 66/67 - Full retirement age 8:00 - Age 70 - Max age for Social Security 8:52 - Age 72 - Required Minimum Distributions _______________________________ CONNECT 🤝 Facebook: Twitter: LinkedIn: ________________________