The ONE Reason You Need A Roth IRA For Long Term Investing

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  • Опубліковано 5 лип 2024
  • ✅ In today's video we break down the pros and cons of taxable vs tax-advantaged accounts and discuss why you should consider both. Open up a Wealthfront investment account today through my link and get your first $5,000 managed for free at investingapps.com/wealthfront 🔽🔽🔽
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    ☑️ Wealthfront SRI Portfolio - Video Timestamps
    00:00 - Types of Investing Accounts
    0:46 - Taxable Investing Accounts
    1:10 - Tax-Advantaged Accounts
    1:25 - What is a Roth IRA?
    1:56 - Roth IRA vs Traditional IRA
    2:54 - Roth IRA Benefits
    3:51 - Wealthfront IRAs
    5:40 - Wealthfront Taxable Accounts
    6:07 - Wealthfront 401(k) Roll Over
    6:39 - Taxable Account Advantages
    7:26 - Wealthfront Sign-Up Bonus
    7:48 - Wealthfront Tax-Loss Harvesting
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    ★ INVESTING DISCLAIMER: This video, and UA-cam channel, are educational and NOT financial or investing advice. I am not an investing professional nor do I offer suggestions on individual stocks. I share my opinions and experience on investing apps and platforms. Please invest at your own discretion.
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    Today's video is made possible by an affiliate partnership with Wealthfront Advisers LLC (“Wealthfront Advisers”) and Everyday Investing. However, all the opinions expressed in this video are from Everyday Investing's own thoughts and experiences.
    Everyday Investing receives cash compensation from Wealthfront Advisers LLC (“Wealthfront Advisers”) for sponsored advertising materials. Everyday Investing is a client and this is a paid testimonial. Everyday Investing and Wealthfront Advisers are not associated with one another and have no formal relationship outside of this arrangement. Account demonstration is provided for demonstration purposes only and is not a guarantee that any client account will, or is likely to, achieve performance returns or losses similar to those shown. Any links provided by Everyday Investing are not intended to imply that Wealthfront Advisers or its affiliates endorses, sponsors, promotes and/or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated otherwise. Nothing in this communication should be construed as tax advice, an offer, recommendation, or solicitation to buy or sell any security. Investment management and advisory services are provided by Wealthfront Advisers, an SEC registered investment adviser. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance.
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    ===================
    About this video:
    In this Wealthfront app review, Erik from Everyday Investing breaks down Wealthfront's Roth IRAs vs traditional IRAs vs taxable accounts and discusses the benefits of retirement investing accounts.
    * Sponsorship Disclaimer:
    Today's video is made possible by an affiliate partnership with Wealthfront, but all the opinions expressed in this video are from my own thoughts and experience.
    **Affiliate Disclosure:
    This video and description contain affiliate links. As an Amazon Associate and an affiliate of other companies, I earn fees from qualifying purchases and referral commissions from qualifying leads and registrations.
    If you have any questions about Wealthfront portfolios or the Wealthfront investment account feel free to drop me a comment below and I will do my best to answer it as soon as possible!
    #EverydayInvesting #Wealthfront #WealthfrontApp

КОМЕНТАРІ • 4

  • @EverydayInvesting
    @EverydayInvesting  2 роки тому

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  • @taniasmiley8973
    @taniasmiley8973 2 роки тому

    Just the video I was looking for thank you!

  • @rebeccamerced
    @rebeccamerced 2 роки тому +1

    Can I open a tax advantage account if I’ve already retired?

    • @EverydayInvesting
      @EverydayInvesting  2 роки тому +1

      Yes, you can open an IRA if you are retired. However, you can no longer contribute to a traditional IRA once you reach the age of 70 1/2. But you can contribute to a Roth IRA at any age.