Littlejohn Financial

The Ultimate Guide: Roth vs Traditional IRA

Confused about which retirement account is best for you? In this video, we break
down the differences between Roth IRAs and Traditional IRAs, covering key details and
considerations to help you make the best decision for your financial future. Watch now to
become an expert on Roth vs Traditional IRAs!

In this episode, you will learn the following :

● Distinguishing between traditional and Roth IRAs, their tax implications and the
significance of rolling over these accounts.
● The IRA contribution rules, emphasizing that one must have earned income to
contribute.
● The importance of maximizing catch-up contributions for those over 50.
● The need to stay current with regulations that adjust for inflation and the changing
ages for required minimum distributions (RMDs).
● The significance of keeping track of non-deductible IRA contributions, which can affect
your tax situation upon withdrawal.
● The five-year rule for Roth IRAs, explaining that both contributions and conversions to a
Roth IRA must satisfy a five-year holding period to avoid penalties.
● The estate planning considerations.
● The unique benefits of Roth IRAs in estate planning.

VIEW FULL EPISODES ON YOUTUBE!

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