Manage episode 302435893 series 2895815
What should you know about a traditional IRA vs. a Roth IRA? Today we will talk about the differences in these accounts and why they matter for your financial plan.
Read more and get additional financial information: https://mercurioadvisors.com/podcast/ep-11-traditional-ira-or-roth-ira/
What we discuss:
1:06 - What’s the difference between a traditional vs. Roth IRA?
3:45 - You may have the option of a Roth 401(k) at work.
6:35 - Why don’t many people have much money in a Roth?
10:19 - Who should contribute to a Roth?
13:00 - Who should stick with the traditional IRA?
16:01 - What would happen during a visit about Roth conversions?