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About The Show
On Your Money, Your Wealth®, Joe Anderson and “Big Al” Clopine tell it like it is, answering personal finance questions that really matter to pre-retirees and retirees about investing, portfolio diversification, how to reduce taxes, creating retirement income, collecting Social Security benefits, how much you can spend in retirement, Roth IRA conversions and contributions, and more. We don’t push hot stocks, feed panic about the markets, or sell you on the latest investment scheme. Instead, on YMYW we offer retirement investing strategies that can help you retire successfully.
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8 Types of IRAs
This guide will walk you through the specifics of different kinds of IRAs, so you can choose the best fit to reach your retirement goals. You will gain an understanding of the specifics of each type of IRA, eligibility, how much you can contribute, tax efficiency strategies, and situations where you might want several different kinds. It also covers the difference between Traditional IRAs and Roth IRAs and how you decide which is right for you – or both.
You Will Learn About:
- SEP IRAs
- Spousal IRAs
- SIMPLE IRAs
- Self-Directed IRAs
- Inherited IRAs
- Stretch IRAs
The Financial World Is Complex
Your hosts break it down, making it easier to understand.
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