Introduction
In this episode, we cover some of the basic differences between Roth IRAs and Traditional IRAs. We then provide a number of scenarios of relevance to entrepreneurs and explore which type of individual retirement account performs better under the given circumstances.

What You'll Learn in This Episode
● The basic tax advantages of the Roth IRA vs. the Traditional IRA
● The timing of taxation for each type of retirement account
● Which type of retirement account provides better access to cash
● Which retirement account avoids required minimum distributions
● Which retirement account is better for wealth transfer
● Which retirement account is a better fit for investments with high returns
● Which retirement account lowers taxes in the year the contribution is made

Key Words
  • Traditional IRA
  • Roth IRA
  • required minimum distributions
  • liquidity
  • wealth transfer strategies / estate planning
  • alternative investments
  • self directing
  • custodians

Ask Wealth Bootcamp

If you're an entrepreneur or business owner interested in better managing your personal wealth, then you're in the right place! Let's make this podcast as good as it can be. The more you tell us about the challenges you're facing and the areas you're interested in, the more we'll improve. If you have a question you'd like us to answer, an issue you'd like us to address, or a suggestion which guest to invite, give us a shout at matt@westbridgewealth.com.










        WB03 | Part 2/3 Back to Basics: Roth vs. Traditional IRA

          December 17, 2019
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