Let's explore the similarities and differences of a Roth IRA vs Traditional IRA. The biggest difference between a Roth IRA and a traditional IRA is how they are funded. Contributions to traditional IRAs are tax deductible, but distributions in retirement are taxable. In comparison, contributions to Roth IRAs are not tax deductible, but the withdrawals in retirement are not considered income and therefore will not be taxed. Videos: 🔴Roth IRA Explained: 🔴Roth IRA vs Brokerage Account 🤑Investing Videos: All of my videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. My videos ARE NOT financial advice. Some of the links on this channel are affiliate links, meaning, I may earn a commission if you click through and make a purchase or subscribe.... ( read more )
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INV...
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 :)