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Should Wealthy Taxpayers Make Roth Contributions?
Manage episode 424529558 series 3469266
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If you’ve listened to David for long, you’ve heard his affinity for the Roth, but does that apply to everyone? When it comes to planning for retirement, high earners need to decide whether to contribute to a Roth account or a traditional IRA. But first, who is considered a high earner? And why does a Roth matter?
Here’s some of what we discuss in this episode:
- The two ways to get money into a Roth.
- How taxes make a big difference on the decision.
- Why a Roth conversion can be a solid strategy.
- Who this advice most commonly applies to.
For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.
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