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 153 out of 715 RIA’s nationwide by total assets under management by [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CFO & Chairman of the Board of Pure Financial Advisors. He has been an executive leader of the Company for over a decade. As CFO he is responsible for the financial operations of the company as well as investor relations. Alan joined the firm in 2008, about one year after it [...]

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

Make sure to subscribe to our channel for more helpful tips and the latest episodes of “Your Money, Your Wealth.”