Preview Mode Links will not work in preview mode

Financial and retirement planning guidance from the team at Mercurio Wealth Advisors in Louisville, Kentucky. Join Chief Financial Advisor Alan Mercurio and Senior Wealth Advisor Troy Bolton each show for helpful conversations about money, life, and retirement. Step into the Retirement Coach's Corner to learn about 401(k)s, IRAs, income planning, investing, and so much more.

If you have any questions, call 502-253-9366, email or visit online for more information.

Sep 16, 2021

What should you know about a traditional IRA vs. a Roth IRA? Today we will talk about the differences in these accounts and why they matter for your financial plan.

 

Read more and get additional financial information: https://mercurioadvisors.com/podcast/ep-11-traditional-ira-or-roth-ira/

 

What we discuss: 

1:06 - What’s the difference between a traditional vs. Roth IRA?

3:45 - You may have the option of a Roth 401(k) at work.

6:35 - Why don’t many people have much money in a Roth?

10:19 - Who should contribute to a Roth?

13:00 - Who should stick with the traditional IRA?

16:01 - What would happen during a visit about Roth conversions?