Brian Akers and Alex Monk discuss the advantages of Roth IRAs for retirement savings, including tax-free growth, spousal transferability, and potential tax savings. They emphasize the importance of starting early and funding these accounts to minimize taxation in retirement. They also discuss contribution limits, rules surrounding Roth IRA contributions and penalties, and the benefits of Roth conversions. The hosts highlight the need for a comprehensive plan and proper knowledge of tax implications when considering Roth IRA conversions.
https://www.akersfinancial.com/winning-in-retirement?utm_source=podcast%20description&utm_medium=podcast&utm_campaign=podcast%20description
