Education
In Episode 3, Travis and Kelly celebrate the 20th birthday of the Roth IRA. Looking briefly into the history of the Roth IRA helps to reveal a lot about why both Traditional and Roth IRAs exist, and for whom they were designed. The two types of Individual Retirement Accounts are similar in many ways but they do have some important differences. Learn about their histories, benefits, contribution limits, and their restrictions. References: It’s Roth’s 20th Birthday Party. Where Is Everyone? Financial Planning Ed Slott 11.20.17 How the New Tax Law Changes Roth IRA Conversions Financial Planning Ed Slott 1.23.18 Disclaimer: Investment Answers LLC is a Financial Advisory firm. For the most up to date Investment Advisory services and disclaimers, please visit www.InvestmentAnswers.net. This information is intended for entertainment or educational purposes only. Opinions, rules, regulations and laws expressed are subject to change without notice and are not intended as individualized investment or tax advice. Past performance does not predict or guarantee future results. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. These are the general views and understandings of Investment Answers, LLC, and should not be construed as personalized investment or tax advice. Consult a qualified financial professional before making any financial decision. (6.23.18)