Episode 79

ROTH Retirement Accounts [E079]

August 17, 202335m 10s

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Show Notes

This week, Hunt talks ROTH Retirement:

• What is the difference between a ROTH IRA and a ROTH 401K? What are the benefits and drawbacks to each?

• How does taxation differ based on age? If you are over versus under 50 years old, how does this affect contributions?

• How do personal goals and tax rates affect which retirement account makes the most sense?

• If you have kids, how can you help them by starting a ROTH IRA while they are young and how can this impact them later?

Thanks to our partners, NAPA TRACS and Promotive

Visit NAPATRACS.com and GoPromotive.com

Paar Melis and Associates – Accountants Specializing in Automotive Repair

Visit us Online: www.paarmelis.com

Email Hunt: [email protected]

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