ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

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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