IRA - Polish rock band formed in 1987 in Radom by Jakub Płucisz (guitar), Wojciech Owczarek (drums), Artur Gadowski (vocal, guitar), Dariusz Grudzień (bass) and Grzegorz Wawrzeńczuk (keyboards). They gained a wide popularity in Poland in the early nineties, mainly after releasing the "Mój Dom" album, with the hit title song, which was still during their garage and semi-professional days. They also gained some local popularity amongst the Polish-speaking citizens in the United States, where they lived and worked for few months. After signing a professional contract back in Poland, they released a few albums which didn't prove to be commercially successful (except for the "Mój Dom" follow-up, which was "IRA 1993"), and the band disbanded afterwards. Artur Gadowski started a solo career. He opened for Brian May before his show in Warsaw in September 1998. Artur's solo efforts weren't very successful either, and what success he did gain was largely based on the then legendary status of IRA.
A few years later the band reunited, and exists up to now. Once again, they have not attained much popularity, but are well-known amongst hard rock fans in Poland (though they play mainly pop-oriented hard rock), and their concerts are selling rather well.
Conceptualization (information science), organizing principles and objects underlying an abstract, simplified view of the world selected for a particular purpose such as information access
After a short experience under the name of A.T.T. (About Traverse Tracks) and after releasing the EP"Abstractive Fallacy" in September 1999, Mariano Croce, Andrea Mastroianni, Gianni Carcione and David Folchitto (now Stormlord, Prophilax), in January 2000, formed the band Concept, producing their first EP"Time Before" in February 2000. In June 2000 they signed a deal with the record label Underground Symphony. Soon after, the bass player Andrea Arcangeli (now DGM) joined the band.
Their first full-length cd Reason and Truth was recorded in the spring of 2001 at the Zenith Studios (Lucca – Italy); because of some negative circumstances, the cd will be mixed only in October 2002, at the New Sin Studio (Loria (TV) – Italy), and released in 2003.
On March 1, 2005, the band released their second album, The Divine Cage, recorded between May and June 2004 at the Cromas Studios (Rome - Italy) and at the New Sin Studio by Luigi Stefanini.
In generic programming, a concept is a description of supported operations on a type, including syntax and semantics. In this way, concepts are related to abstract base classes but concepts do not require a subtype relationship.
Language use
The term was in use as early as 1998 for STL, as this was one of the first libraries that extensively used templates.
In the C++ 1998 standard, the Concept term was introduced to name just a simple description of the requirements for particular type, usually being a template parameter. It was not encoded in the language explicitly – the concept was expressed only by what operations are tried to be performed on objects of that type and what is expected to work (that is, to compile correctly). There was a proposal to add concepts as an explicit language feature in C++11, though it was rejected as "not ready".
As generics in Java and C# have some similarities to C++'s templates, the role of concepts there is played by interfaces. However, there is one important difference between concepts and interfaces: when a template parameter is required to implement a particular interface, the matching type can only be a class that implements (explicitly) that interface. Concepts bring more flexibility because they can be satisfied by two ways:
IRA Explained In Less Than 5 Minutes | Simply Explained
You've heard of Traditional and Roth IRAs, but you don't quite know what exactly an IRA is? Let us help you out!
Follow us on Facebook and Instagram:
Facebook: facebook.com/strategicwealthdesigners
Instagram: instagram.com/strategicwealthdesigners
As always, the team at Strategic Wealth Designers are proud to be independent fiduciary financial advisors, meaning our fiduciary advisors operate using the fiduciary standard, so we always act with what is in your best interests. Not all financial advisors are created equally, and most financial advisors only need to meet the suitability standard, meaning they can offer you almost anything, as long as it is suitable for you. Now at first that doesn't sound too bad, but when you think about it, couldn't any investment technically be suitable? D...
published: 24 Aug 2021
Traditional and Roth IRAs | Simple Steps for a Retirement Portfolio Course
Individual Retirement Accounts (IRAs) can help you pay less in taxes when you’re investing for retirement. This video explores two types of retirement accounts: traditional and Roth. We’ll compare the differences between tax-deferred and tax-free IRAs so you can decide which is better for you. You can also check out our IRA Selection Tool https://www.tdameritrade.com/retirement-planning/tools-and-calculators/best-ira-selection-tool.page to help decide between a Roth or Traditional based on your unique circumstances.
This video is part of the Simple Steps for a Retirement Portfolio course. Open an account to get access to the full course and more investor education: http://bit.ly/SignUpTDAmeritrade
Subscribe: http://bit.ly/SubscribeTDAmeritrade
Check out Investor Insights for daily live...
This 3 minute video gives a basic overview of how the Stretch IRA concept provides more after-tax money to your client, his or her spouse, to their children, and grandchildren.
published: 14 Apr 2017
ira juice EP.56 | สอนใส่ผ้าอนามัยทั้งแบบแผ่นและแบบสอด และวิธีสวมถุงยาง 🎈
Becoming a Millionaire: Roth IRA vs 401K (What makes the MOST PROFIT)
Here’s a topic that’s been coming up a LOT recently, and this is an extremely confusing decision: What’s better to invest in - Roth IRA or a Traditional 401k? Here’s my thoughts, enjoy! Add me on Instagram: GPStephan
LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1850): https://act.webull.com/k/Vowbik9Tm5he/main
Roth IRA vs 401K Calculator: https://www.bankrate.com/calculators/retirement/401-k-or-roth-ira-calculator.aspx
GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales:...
published: 22 Mar 2019
อย่าอายที่จะคุยกันเรื่องเมนส์ คุยกับ Ira Concept | The MATTER
What is an IRA?
Learn more at: https://www.wallstreetsurvivor.com/register
IRAs, or Individual Retirement Accounts, are a great way to save for retirement and to receive a tax deduction.
IRAs have the advantage of not being tied to a person’s employer so, if you quit your job, you won’t have to worry about moving your plan like you do with a 401(k).
Like 401(k)s, IRAs have an immediate tax advantage, in that you may be eligible for a tax deduction. The amount of your deduction is based on your income, filing status and whether or not you have any 401(k)s. When you are ready to withdraw money, you will need to pay taxes but, because your income is likely lower in retirement than when you contributed, you will be in a lower tax bracket and will, as a result, pay less.
The contribution li...
published: 18 Jan 2013
Roth versus Traditional Accounts | Ep 94 | Bud Kasper & Corey Hulstein | Guided Retirement Show
It’s hard to believe that we’re approaching the 100th episode of The Guided Retirement Show. But before we release that special episode later this season, we want to reflect on The Guided Retirement Show’s first two episodes. They were released back in 2019 and focused on Roth vs. traditional IRAs.
Along with looking back at what all has changed in the tax code that impacts the Roth vs. traditional decision, we need to take a forward-looking approach during this discussion. That’s because there are new tax laws scheduled to start in 2026 after the Tax Cuts and Jobs Act sunsets.
There a lot of things that need to be considered when choosing between Roth and traditional. Modern Wealth Management Managing Directors Dean Barber and Bud Kasper and Director of Tax Corey Hulstein, CPA are going...
published: 12 Sep 2023
ira concept ผ้าอนามัยออร์แกนิคที่ทุกคนเข้าถึงได้ | MY WAY
You've heard of Traditional and Roth IRAs, but you don't quite know what exactly an IRA is? Let us help you out!
Follow us on Facebook and Instagram:
Facebook:...
You've heard of Traditional and Roth IRAs, but you don't quite know what exactly an IRA is? Let us help you out!
Follow us on Facebook and Instagram:
Facebook: facebook.com/strategicwealthdesigners
Instagram: instagram.com/strategicwealthdesigners
As always, the team at Strategic Wealth Designers are proud to be independent fiduciary financial advisors, meaning our fiduciary advisors operate using the fiduciary standard, so we always act with what is in your best interests. Not all financial advisors are created equally, and most financial advisors only need to meet the suitability standard, meaning they can offer you almost anything, as long as it is suitable for you. Now at first that doesn't sound too bad, but when you think about it, couldn't any investment technically be suitable? Doesn't sound so great anymore, especially when the products they tend to offer either generate them a higher commission or generates the company they work for a higher commission and they tend to offer products based on company quotas over your best interests. This is why you should always seek out a fiduciary financial advisor and if you are curious if your advisor is a fiduciary, simply ask them, if they don't give you a straight answer, odds are they only have to operate under the suitability standard.
Building a financial plan with a fiduciary financial advisor will be the key to knowing if you can succeed in retirement. If you have questions give us a call at 87-SWD-GROUP (877-934-7687) or send an email to [email protected]
#iraexplained #whatisanIRA #rothira
You've heard of Traditional and Roth IRAs, but you don't quite know what exactly an IRA is? Let us help you out!
Follow us on Facebook and Instagram:
Facebook: facebook.com/strategicwealthdesigners
Instagram: instagram.com/strategicwealthdesigners
As always, the team at Strategic Wealth Designers are proud to be independent fiduciary financial advisors, meaning our fiduciary advisors operate using the fiduciary standard, so we always act with what is in your best interests. Not all financial advisors are created equally, and most financial advisors only need to meet the suitability standard, meaning they can offer you almost anything, as long as it is suitable for you. Now at first that doesn't sound too bad, but when you think about it, couldn't any investment technically be suitable? Doesn't sound so great anymore, especially when the products they tend to offer either generate them a higher commission or generates the company they work for a higher commission and they tend to offer products based on company quotas over your best interests. This is why you should always seek out a fiduciary financial advisor and if you are curious if your advisor is a fiduciary, simply ask them, if they don't give you a straight answer, odds are they only have to operate under the suitability standard.
Building a financial plan with a fiduciary financial advisor will be the key to knowing if you can succeed in retirement. If you have questions give us a call at 87-SWD-GROUP (877-934-7687) or send an email to [email protected]
#iraexplained #whatisanIRA #rothira
Individual Retirement Accounts (IRAs) can help you pay less in taxes when you’re investing for retirement. This video explores two types of retirement accounts...
Individual Retirement Accounts (IRAs) can help you pay less in taxes when you’re investing for retirement. This video explores two types of retirement accounts: traditional and Roth. We’ll compare the differences between tax-deferred and tax-free IRAs so you can decide which is better for you. You can also check out our IRA Selection Tool https://www.tdameritrade.com/retirement-planning/tools-and-calculators/best-ira-selection-tool.page to help decide between a Roth or Traditional based on your unique circumstances.
This video is part of the Simple Steps for a Retirement Portfolio course. Open an account to get access to the full course and more investor education: http://bit.ly/SignUpTDAmeritrade
Subscribe: http://bit.ly/SubscribeTDAmeritrade
Check out Investor Insights for daily livestreamed webcasts with TD Ameritrade education coaches: http://bit.ly/SubscribeTDAmeritradeInvestorInsights
We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know.
Connect with TD Ameritrade:
Facebook: http://bit.ly/TDAmeritradeFacebook
Twitter: http://bit.ly/TwitterTDAmeritrade
Individual Retirement Accounts (IRAs) can help you pay less in taxes when you’re investing for retirement. This video explores two types of retirement accounts: traditional and Roth. We’ll compare the differences between tax-deferred and tax-free IRAs so you can decide which is better for you. You can also check out our IRA Selection Tool https://www.tdameritrade.com/retirement-planning/tools-and-calculators/best-ira-selection-tool.page to help decide between a Roth or Traditional based on your unique circumstances.
This video is part of the Simple Steps for a Retirement Portfolio course. Open an account to get access to the full course and more investor education: http://bit.ly/SignUpTDAmeritrade
Subscribe: http://bit.ly/SubscribeTDAmeritrade
Check out Investor Insights for daily livestreamed webcasts with TD Ameritrade education coaches: http://bit.ly/SubscribeTDAmeritradeInvestorInsights
We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know.
Connect with TD Ameritrade:
Facebook: http://bit.ly/TDAmeritradeFacebook
Twitter: http://bit.ly/TwitterTDAmeritrade
This 3 minute video gives a basic overview of how the Stretch IRA concept provides more after-tax money to your client, his or her spouse, to their children, an...
This 3 minute video gives a basic overview of how the Stretch IRA concept provides more after-tax money to your client, his or her spouse, to their children, and grandchildren.
This 3 minute video gives a basic overview of how the Stretch IRA concept provides more after-tax money to your client, his or her spouse, to their children, and grandchildren.
Here’s a topic that’s been coming up a LOT recently, and this is an extremely confusing decision: What’s better to invest in - Roth IRA or a Traditional 401k? ...
Here’s a topic that’s been coming up a LOT recently, and this is an extremely confusing decision: What’s better to invest in - Roth IRA or a Traditional 401k? Here’s my thoughts, enjoy! Add me on Instagram: GPStephan
LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1850): https://act.webull.com/k/Vowbik9Tm5he/main
Roth IRA vs 401K Calculator: https://www.bankrate.com/calculators/retirement/401-k-or-roth-ira-calculator.aspx
GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales: https://goo.gl/UFpi4c
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
So lets first start with some background on the almighty Roth IRA:
First, like I just mentioned, all of the profit generated in this account is tax free after the age of 59.5. That could save you a LOT of money by the time you retire, especially if you begin investing in this early on.
Second, with a Roth IRA, you can withdraw whatever money you contribute to this account, at any time, tax free, without paying any penalties.
However, here are the downsides:
First, with a Roth IRA, you contribute POST TAX MONEY - this means the money that’s left over after you’ve already your paid taxes on it. And as we all know, the money you have left over AFTER taxes is a LOT smaller than before the taxes were taken away…this means you’ll have LESS of your money to invest upfront, all things considered.
Second, if you want to withdraw your PROFIT from this account before the age of 59.5, you’ll be subject to a 10% penalty, and you’ll have to pay normal taxes on that profit.
Third, the contribution limit for a Roth IRA is capped at $6000…so if you want to contribute more than this, well, you can’t.
But how does this all compare to the Traditional 401k?
Well, the 401k is an employer sponsored retirement account where you contribute PRE TAX money…meaning you won’t pay any taxes on the money you invest in this account. Now because you don’t have to pay taxes on the money you contribute, you have even MORE money left over to invest instead of paying it to the IRS, allowing that extra money you saved in taxes to make YOU even more money.
Pros of a Traditional 401k:
You contribute pre-tax money, meaning you don’t pay taxes on the money you put in this account, and can be a huge tax deduction.
Secondly, you can contribute up to $19,000 per year in a 401k…that’s more than 3x HIGHER than you can contribute to a Roth IRA.
Third, some employers offer a 401k employer match - which means they actually match your contribution, dollar for dollar
Downsides to the traditional 401k:
The first is that you’ll end up paying taxes on your money when you begin withdrawing it from your account after the age of 59.5. With a 401k, you’re basically saving money on taxes NOW so you have more to invest upfront.
Secondly, if you want to withdraw the money prior to the age of 59.5 for anything other than financial hardship, you’ll be subject to paying a 10% penalty on your money and you’ll owe taxes as though this money is ORDINARY INCOME.
Third, you’ll be forced to begin withdrawing your money at the age of 70 1/2…and for some people who prefer to continue saving it and letting it grow, well…you can’t.
And the right mix is - in my opinion - a slight balance between the two. I still contribute a bit to my traditional 401k just to hedge my future options, even if I have no idea if it’ll be the smart choice in the future…again, JUST IN CASE. I also go heavy on the Roth option, too, because I know it’ll be tax free in the future, and I don’t have to question what future tax rates may or may not be.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected]
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
Here’s a topic that’s been coming up a LOT recently, and this is an extremely confusing decision: What’s better to invest in - Roth IRA or a Traditional 401k? Here’s my thoughts, enjoy! Add me on Instagram: GPStephan
LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1850): https://act.webull.com/k/Vowbik9Tm5he/main
Roth IRA vs 401K Calculator: https://www.bankrate.com/calculators/retirement/401-k-or-roth-ira-calculator.aspx
GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales: https://goo.gl/UFpi4c
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
So lets first start with some background on the almighty Roth IRA:
First, like I just mentioned, all of the profit generated in this account is tax free after the age of 59.5. That could save you a LOT of money by the time you retire, especially if you begin investing in this early on.
Second, with a Roth IRA, you can withdraw whatever money you contribute to this account, at any time, tax free, without paying any penalties.
However, here are the downsides:
First, with a Roth IRA, you contribute POST TAX MONEY - this means the money that’s left over after you’ve already your paid taxes on it. And as we all know, the money you have left over AFTER taxes is a LOT smaller than before the taxes were taken away…this means you’ll have LESS of your money to invest upfront, all things considered.
Second, if you want to withdraw your PROFIT from this account before the age of 59.5, you’ll be subject to a 10% penalty, and you’ll have to pay normal taxes on that profit.
Third, the contribution limit for a Roth IRA is capped at $6000…so if you want to contribute more than this, well, you can’t.
But how does this all compare to the Traditional 401k?
Well, the 401k is an employer sponsored retirement account where you contribute PRE TAX money…meaning you won’t pay any taxes on the money you invest in this account. Now because you don’t have to pay taxes on the money you contribute, you have even MORE money left over to invest instead of paying it to the IRS, allowing that extra money you saved in taxes to make YOU even more money.
Pros of a Traditional 401k:
You contribute pre-tax money, meaning you don’t pay taxes on the money you put in this account, and can be a huge tax deduction.
Secondly, you can contribute up to $19,000 per year in a 401k…that’s more than 3x HIGHER than you can contribute to a Roth IRA.
Third, some employers offer a 401k employer match - which means they actually match your contribution, dollar for dollar
Downsides to the traditional 401k:
The first is that you’ll end up paying taxes on your money when you begin withdrawing it from your account after the age of 59.5. With a 401k, you’re basically saving money on taxes NOW so you have more to invest upfront.
Secondly, if you want to withdraw the money prior to the age of 59.5 for anything other than financial hardship, you’ll be subject to paying a 10% penalty on your money and you’ll owe taxes as though this money is ORDINARY INCOME.
Third, you’ll be forced to begin withdrawing your money at the age of 70 1/2…and for some people who prefer to continue saving it and letting it grow, well…you can’t.
And the right mix is - in my opinion - a slight balance between the two. I still contribute a bit to my traditional 401k just to hedge my future options, even if I have no idea if it’ll be the smart choice in the future…again, JUST IN CASE. I also go heavy on the Roth option, too, because I know it’ll be tax free in the future, and I don’t have to question what future tax rates may or may not be.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected]
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
What is an IRA?
Learn more at: https://www.wallstreetsurvivor.com/register
IRAs, or Individual Retirement Accounts, are a great way to save for retirement and ...
What is an IRA?
Learn more at: https://www.wallstreetsurvivor.com/register
IRAs, or Individual Retirement Accounts, are a great way to save for retirement and to receive a tax deduction.
IRAs have the advantage of not being tied to a person’s employer so, if you quit your job, you won’t have to worry about moving your plan like you do with a 401(k).
Like 401(k)s, IRAs have an immediate tax advantage, in that you may be eligible for a tax deduction. The amount of your deduction is based on your income, filing status and whether or not you have any 401(k)s. When you are ready to withdraw money, you will need to pay taxes but, because your income is likely lower in retirement than when you contributed, you will be in a lower tax bracket and will, as a result, pay less.
The contribution limit for an IRA is $5,500 ($6,500 if you’re over 50) – the limit is shared with Roth IRAs – and the money grows tax-free in the plan.
Get a FREE STOCK with Robinhood: http://bit.ly/FreeStockRHWSS
Ready to dive in to the stock market? Many traders use stock picking services to find the best investments on the market. Our favorite is called the Motley Fool Stock Advisor, and right now it's only $19 a month! Sign up for The Motley Fool Stock Advisor today for the best stock picks on the market: http://bit.ly/2MpHkM9
What is an IRA?
Learn more at: https://www.wallstreetsurvivor.com/register
IRAs, or Individual Retirement Accounts, are a great way to save for retirement and to receive a tax deduction.
IRAs have the advantage of not being tied to a person’s employer so, if you quit your job, you won’t have to worry about moving your plan like you do with a 401(k).
Like 401(k)s, IRAs have an immediate tax advantage, in that you may be eligible for a tax deduction. The amount of your deduction is based on your income, filing status and whether or not you have any 401(k)s. When you are ready to withdraw money, you will need to pay taxes but, because your income is likely lower in retirement than when you contributed, you will be in a lower tax bracket and will, as a result, pay less.
The contribution limit for an IRA is $5,500 ($6,500 if you’re over 50) – the limit is shared with Roth IRAs – and the money grows tax-free in the plan.
Get a FREE STOCK with Robinhood: http://bit.ly/FreeStockRHWSS
Ready to dive in to the stock market? Many traders use stock picking services to find the best investments on the market. Our favorite is called the Motley Fool Stock Advisor, and right now it's only $19 a month! Sign up for The Motley Fool Stock Advisor today for the best stock picks on the market: http://bit.ly/2MpHkM9
It’s hard to believe that we’re approaching the 100th episode of The Guided Retirement Show. But before we release that special episode later this season, we wa...
It’s hard to believe that we’re approaching the 100th episode of The Guided Retirement Show. But before we release that special episode later this season, we want to reflect on The Guided Retirement Show’s first two episodes. They were released back in 2019 and focused on Roth vs. traditional IRAs.
Along with looking back at what all has changed in the tax code that impacts the Roth vs. traditional decision, we need to take a forward-looking approach during this discussion. That’s because there are new tax laws scheduled to start in 2026 after the Tax Cuts and Jobs Act sunsets.
There a lot of things that need to be considered when choosing between Roth and traditional. Modern Wealth Management Managing Directors Dean Barber and Bud Kasper and Director of Tax Corey Hulstein, CPA are going to review those considerations.
In this podcast interview, you’ll learn:
• The Difference between Roth vs. Traditional
• Tax Rates Are Scheduled to Go Up in 2026
• Some of the Key Changes with SECURE 2.0
• The Ins and Outs of the Roth Five-Year Rules
Timestamps:
00:00 – Introduction
03:07 – Breaking Down Roth and Traditional
07:05 – SECURE Act and SECURE 2.0
09:25 – 401(k)s and Roth or Traditional
16:52 – Why Roth vs. Traditional Matters
18:06 – Even Social Security Needs Factored In
19:20 – Do Roth Conversions Make Sense
21:03 – IRMAA & Medicare Considerations
22:31 – The 5-Year Rule & Roth Conversions
27:29 – The Rothification of the US
28:32 – One Scenario a Roth Doesn't Fit
31:06 – The Bottom-Line on Roth vs Traditional
Become a Rothaholic!
Understanding SECURE 2.0 with Ed Slott: https://youtu.be/HHPMo9l0yeg?si=31tn-or_tHajB6hO
Creating a Tax-Free Retirement with Ed Slott: https://youtu.be/En3ZfP70PYA?si=sJNfzDYgj4UbLI9i
Ask a Question: https://www.modwm.com/ask-a-question/
Start planning with our financial planning tool: https://modwm.com/retirement-planning-tool/
Schedule a Complimentary Consultation with Modern Wealth Management: https://modwm.com/meet-with-a-top-financial-advisor/
It’s hard to believe that we’re approaching the 100th episode of The Guided Retirement Show. But before we release that special episode later this season, we want to reflect on The Guided Retirement Show’s first two episodes. They were released back in 2019 and focused on Roth vs. traditional IRAs.
Along with looking back at what all has changed in the tax code that impacts the Roth vs. traditional decision, we need to take a forward-looking approach during this discussion. That’s because there are new tax laws scheduled to start in 2026 after the Tax Cuts and Jobs Act sunsets.
There a lot of things that need to be considered when choosing between Roth and traditional. Modern Wealth Management Managing Directors Dean Barber and Bud Kasper and Director of Tax Corey Hulstein, CPA are going to review those considerations.
In this podcast interview, you’ll learn:
• The Difference between Roth vs. Traditional
• Tax Rates Are Scheduled to Go Up in 2026
• Some of the Key Changes with SECURE 2.0
• The Ins and Outs of the Roth Five-Year Rules
Timestamps:
00:00 – Introduction
03:07 – Breaking Down Roth and Traditional
07:05 – SECURE Act and SECURE 2.0
09:25 – 401(k)s and Roth or Traditional
16:52 – Why Roth vs. Traditional Matters
18:06 – Even Social Security Needs Factored In
19:20 – Do Roth Conversions Make Sense
21:03 – IRMAA & Medicare Considerations
22:31 – The 5-Year Rule & Roth Conversions
27:29 – The Rothification of the US
28:32 – One Scenario a Roth Doesn't Fit
31:06 – The Bottom-Line on Roth vs Traditional
Become a Rothaholic!
Understanding SECURE 2.0 with Ed Slott: https://youtu.be/HHPMo9l0yeg?si=31tn-or_tHajB6hO
Creating a Tax-Free Retirement with Ed Slott: https://youtu.be/En3ZfP70PYA?si=sJNfzDYgj4UbLI9i
Ask a Question: https://www.modwm.com/ask-a-question/
Start planning with our financial planning tool: https://modwm.com/retirement-planning-tool/
Schedule a Complimentary Consultation with Modern Wealth Management: https://modwm.com/meet-with-a-top-financial-advisor/
You've heard of Traditional and Roth IRAs, but you don't quite know what exactly an IRA is? Let us help you out!
Follow us on Facebook and Instagram:
Facebook: facebook.com/strategicwealthdesigners
Instagram: instagram.com/strategicwealthdesigners
As always, the team at Strategic Wealth Designers are proud to be independent fiduciary financial advisors, meaning our fiduciary advisors operate using the fiduciary standard, so we always act with what is in your best interests. Not all financial advisors are created equally, and most financial advisors only need to meet the suitability standard, meaning they can offer you almost anything, as long as it is suitable for you. Now at first that doesn't sound too bad, but when you think about it, couldn't any investment technically be suitable? Doesn't sound so great anymore, especially when the products they tend to offer either generate them a higher commission or generates the company they work for a higher commission and they tend to offer products based on company quotas over your best interests. This is why you should always seek out a fiduciary financial advisor and if you are curious if your advisor is a fiduciary, simply ask them, if they don't give you a straight answer, odds are they only have to operate under the suitability standard.
Building a financial plan with a fiduciary financial advisor will be the key to knowing if you can succeed in retirement. If you have questions give us a call at 87-SWD-GROUP (877-934-7687) or send an email to [email protected]
#iraexplained #whatisanIRA #rothira
Individual Retirement Accounts (IRAs) can help you pay less in taxes when you’re investing for retirement. This video explores two types of retirement accounts: traditional and Roth. We’ll compare the differences between tax-deferred and tax-free IRAs so you can decide which is better for you. You can also check out our IRA Selection Tool https://www.tdameritrade.com/retirement-planning/tools-and-calculators/best-ira-selection-tool.page to help decide between a Roth or Traditional based on your unique circumstances.
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This 3 minute video gives a basic overview of how the Stretch IRA concept provides more after-tax money to your client, his or her spouse, to their children, and grandchildren.
Here’s a topic that’s been coming up a LOT recently, and this is an extremely confusing decision: What’s better to invest in - Roth IRA or a Traditional 401k? Here’s my thoughts, enjoy! Add me on Instagram: GPStephan
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So lets first start with some background on the almighty Roth IRA:
First, like I just mentioned, all of the profit generated in this account is tax free after the age of 59.5. That could save you a LOT of money by the time you retire, especially if you begin investing in this early on.
Second, with a Roth IRA, you can withdraw whatever money you contribute to this account, at any time, tax free, without paying any penalties.
However, here are the downsides:
First, with a Roth IRA, you contribute POST TAX MONEY - this means the money that’s left over after you’ve already your paid taxes on it. And as we all know, the money you have left over AFTER taxes is a LOT smaller than before the taxes were taken away…this means you’ll have LESS of your money to invest upfront, all things considered.
Second, if you want to withdraw your PROFIT from this account before the age of 59.5, you’ll be subject to a 10% penalty, and you’ll have to pay normal taxes on that profit.
Third, the contribution limit for a Roth IRA is capped at $6000…so if you want to contribute more than this, well, you can’t.
But how does this all compare to the Traditional 401k?
Well, the 401k is an employer sponsored retirement account where you contribute PRE TAX money…meaning you won’t pay any taxes on the money you invest in this account. Now because you don’t have to pay taxes on the money you contribute, you have even MORE money left over to invest instead of paying it to the IRS, allowing that extra money you saved in taxes to make YOU even more money.
Pros of a Traditional 401k:
You contribute pre-tax money, meaning you don’t pay taxes on the money you put in this account, and can be a huge tax deduction.
Secondly, you can contribute up to $19,000 per year in a 401k…that’s more than 3x HIGHER than you can contribute to a Roth IRA.
Third, some employers offer a 401k employer match - which means they actually match your contribution, dollar for dollar
Downsides to the traditional 401k:
The first is that you’ll end up paying taxes on your money when you begin withdrawing it from your account after the age of 59.5. With a 401k, you’re basically saving money on taxes NOW so you have more to invest upfront.
Secondly, if you want to withdraw the money prior to the age of 59.5 for anything other than financial hardship, you’ll be subject to paying a 10% penalty on your money and you’ll owe taxes as though this money is ORDINARY INCOME.
Third, you’ll be forced to begin withdrawing your money at the age of 70 1/2…and for some people who prefer to continue saving it and letting it grow, well…you can’t.
And the right mix is - in my opinion - a slight balance between the two. I still contribute a bit to my traditional 401k just to hedge my future options, even if I have no idea if it’ll be the smart choice in the future…again, JUST IN CASE. I also go heavy on the Roth option, too, because I know it’ll be tax free in the future, and I don’t have to question what future tax rates may or may not be.
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What is an IRA?
Learn more at: https://www.wallstreetsurvivor.com/register
IRAs, or Individual Retirement Accounts, are a great way to save for retirement and to receive a tax deduction.
IRAs have the advantage of not being tied to a person’s employer so, if you quit your job, you won’t have to worry about moving your plan like you do with a 401(k).
Like 401(k)s, IRAs have an immediate tax advantage, in that you may be eligible for a tax deduction. The amount of your deduction is based on your income, filing status and whether or not you have any 401(k)s. When you are ready to withdraw money, you will need to pay taxes but, because your income is likely lower in retirement than when you contributed, you will be in a lower tax bracket and will, as a result, pay less.
The contribution limit for an IRA is $5,500 ($6,500 if you’re over 50) – the limit is shared with Roth IRAs – and the money grows tax-free in the plan.
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It’s hard to believe that we’re approaching the 100th episode of The Guided Retirement Show. But before we release that special episode later this season, we want to reflect on The Guided Retirement Show’s first two episodes. They were released back in 2019 and focused on Roth vs. traditional IRAs.
Along with looking back at what all has changed in the tax code that impacts the Roth vs. traditional decision, we need to take a forward-looking approach during this discussion. That’s because there are new tax laws scheduled to start in 2026 after the Tax Cuts and Jobs Act sunsets.
There a lot of things that need to be considered when choosing between Roth and traditional. Modern Wealth Management Managing Directors Dean Barber and Bud Kasper and Director of Tax Corey Hulstein, CPA are going to review those considerations.
In this podcast interview, you’ll learn:
• The Difference between Roth vs. Traditional
• Tax Rates Are Scheduled to Go Up in 2026
• Some of the Key Changes with SECURE 2.0
• The Ins and Outs of the Roth Five-Year Rules
Timestamps:
00:00 – Introduction
03:07 – Breaking Down Roth and Traditional
07:05 – SECURE Act and SECURE 2.0
09:25 – 401(k)s and Roth or Traditional
16:52 – Why Roth vs. Traditional Matters
18:06 – Even Social Security Needs Factored In
19:20 – Do Roth Conversions Make Sense
21:03 – IRMAA & Medicare Considerations
22:31 – The 5-Year Rule & Roth Conversions
27:29 – The Rothification of the US
28:32 – One Scenario a Roth Doesn't Fit
31:06 – The Bottom-Line on Roth vs Traditional
Become a Rothaholic!
Understanding SECURE 2.0 with Ed Slott: https://youtu.be/HHPMo9l0yeg?si=31tn-or_tHajB6hO
Creating a Tax-Free Retirement with Ed Slott: https://youtu.be/En3ZfP70PYA?si=sJNfzDYgj4UbLI9i
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Prayagraj...Ltd ... Namrata and Ira Sethi, praised the organisation and concept.The evening culminated in a group dance, with participants like Sanjna, Shalu, and Shruti joining in ... .
When making financial decisions about how to arrange your affairs to minimize taxes, one challenge is the government requirement that you pull out a certain amount of your IRA-type retirement accounts based upon the IRS life expectancy table.
In summary, while the concept of a HomeStorageGoldIRA might seem attractive for its perceived control and cost-saving benefits, it is not compliant with IRS regulations and carries significant risks.
IraKhan... The host Ira has said that the aim of her podcast would be the the need to address misinformation, oversimplification, and overcomplication of concepts related to mental health.
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In a podcast episode of Influential Entrepreneurs, Stephen Ng, the founder of Stephen Ng Financial Group, discusses the concept of IRARescue and how it can be used to leverage retirement wealth.
The SECURE Act effectively killed this “stretch IRA” concept by limiting the withdrawal window, requiring that inherited IRA and employer plan accounts be emptied by the end of the tenth year after the original account owner’s death.
But the dining concept run by childhood friends IraChase and Benjamin Thompson will live on as a food truck and catering business — just like its early days, according to an announcement on Facebook.
It could also minimize rising legal objections to the concept of a “fair price.”The provision to negotiate drug prices could be one of the most valuable parts of the IRA, but it will only work if drugmakers and taxpayers trust the results.