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RCWS 005 - What's the difference between Roth and Traditional IRAs
Manage episode 236145221 series 1919362
Content provided by John Colegrove, Dr. John Colegrove, and CFP® Professional. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Colegrove, Dr. John Colegrove, and CFP® Professional or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The two major types of IRAs are traditional IRAs and Roth IRAs. Your contributions to a traditional IRA may be tax deductible on your federal income tax return. Your contributions to a Roth IRA are not tax deductible. You can invest only after-tax dollars in a Roth IRA. The good news is that if you meet certain conditions, your withdrawals from a Roth IRA will be completely income tax free, including both contributions and investment earnings.
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Manage episode 236145221 series 1919362
Content provided by John Colegrove, Dr. John Colegrove, and CFP® Professional. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Colegrove, Dr. John Colegrove, and CFP® Professional or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The two major types of IRAs are traditional IRAs and Roth IRAs. Your contributions to a traditional IRA may be tax deductible on your federal income tax return. Your contributions to a Roth IRA are not tax deductible. You can invest only after-tax dollars in a Roth IRA. The good news is that if you meet certain conditions, your withdrawals from a Roth IRA will be completely income tax free, including both contributions and investment earnings.
8 episodes
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Similar to Red Clay on Wall Street
Technologists and crypto-enthusiasts Joel Comm and Travis Wright attempt to demystify the world of bitcoin, blockchain, litecoin, ethereum, alt-coins, token generation events, and ICOs in this podcast for cryptocurrency newbies.
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