ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As President of Pure Financial Advisors, Joe Anderson has led the company to achieve over $2 billion in assets under management and has grown their client base to over 2,160 in just ten years of the firm opening. When Joe began working with Pure Financial in 2008, they had almost no clients, negative revenue and no [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CEO & CFO of Pure Financial Advisors. As CEO he currently leads Pure Financial Advisors along with our executive team. As CFO he is responsible for the financial operations of the company. Alan joined the firm about one year after it was established. At that time the company had less than [...]

With the SECURE Act and CARES Act, the IRA rules have changed. Let’s start with what is now current law:

Who Can Contribute to an IRA?

Earned Income Requirement: You or Your Spouse Must Have Earned Income

Age Restrictions: No Age Restrictions for Traditional or Roth IRA Contributions, New with the Secure Act – Eliminating Age Limit for IRAs

How Much Can You Contribute to an IRA and 401(k)?

IRAs or Roth IRAs: $6,000 ($7,000 if 50 years old)

401(k) or Roth 401(k): $19,500 ($26,000 if 50 years old)

Watch the full episode, Re-energize Your IRA

8 Types of IRAs

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