Roth IRA vs Traditional IRA explained in simple, easy to understand terms. If you’re thinking of investing for retirement, one choice you may be faced with is whether to use a Roth IRA or a Traditional IRA. In this video, I go over how these two retirement accounts work on a basic level, then talk about the differences between the Roth IRA and Traditional IRA, and finally let you know which IRA I would recommend using.
Do you prefer the Traditional IRA or the Roth IRA? Let me know in the comments.
Thanks to John McCann for taking the time to answer my questions about retirement.
Connect with John on LinkedIn: https://www.linkedin.com/in/mccannjohnp/
Listen to the episode on the PPF podcast: https://practicalpf.buzzsprout.com/
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The Habit That Changed My Life: https://youtu.be/oL3eVoReKCQ
My Debt Free Story: https://youtu.be/F-y-NYitK7c
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
