Find out the contribution limits for contributing to a Roth IRA and the importance of understanding taxes during retirement.
0:07 “You can contribute to a Roth IRA which is 5500 per year or 6500 if you’re 50 or older”
0:20 “A lot of you guys have 401(k)s or 403(b)s that have Roth provisions that will allow you to make contributions into these plans”
0:36 “You can do a Roth contribution as well as your 401(k) or 403(b)”
0:44 “You don’t have to be working to do a Roth conversion”
0:54 “When you’re talking about tax-free income during retirement, it doesn’t get any better than that”
1:27 “When you look at a retirement income strategy, people ignore taxes because for years people thought they would be in a lower tax bracket and we are finding that today it is not the case for people who have saved”