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Showing posts with the label howdoesIRAwork

Which is the Better Option for You: Roth IRA or 401K?(Beginner's Guide)

🔥🔥🔥College Degree Course: 20% off Coupon Code: COLLEGE 🔥🔥🔥 ➤ WEBULL 📲 - Investing App - Earn 4 Free Stocks (valued at up to $1400) when you deposit $100. This video will help you decide ether the Roth IRA or the 401k is better for you These are two of the most important and well known investment accounts, everyone knows about these and there's a lot of hype, so the big question is, which one should you invest in? SUBSCRIBE HERE: Hey guys, check out my FREE discord here where you can talk all things personal finance. I will be spending a lot of time here, answering lots of questions and just chatting in general. ---------- These videos are for entertainment purposes only and they are just Shane's opinion based off of his own life experience and the research that he's done. Shane is not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If s

My Comprehensive IRA and Roth IRA Portfolio Unveiled: Plus Insider Tips on Choosing Investments for Your IRA

In this video, I will go over what is an IRA and how it works, I’ll show you how to pick investments for your IRA, and I’ll reveal what I am investing in my IRA accounts. Hopefully with this understanding, you will get an idea on how to invest and build wealth and retire with enough money to travel the world, pursue your passion, or just hang out on the beach everyday. IRA stands for Individual retirement account and is a tax-advantaged account that individuals (like you and me) use to save and invest for retirement. There are 4 types of IRAs, but in today’s video I will only focus on Traditional and Roth IRA. These investments, if invested properly, will grow tax free over time, allowing individuals to withdraw the money to use by the time they are 59 and a half years old. Here are 8 key things to know about the IRA: There are two major types of IRA: Traditional and Roth IRA. Traditional IRA is investing with your pre-tax money. Hence, this lowers your total taxable