Roth IRA Explained Simply: A FULL Guide To The Roth IRA! 📑
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- Опубліковано 19 тра 2024
- You can stop looking! Here is a quick and simple explanation of the Roth IRA, how it works, how taxes work, and how it grows!
Jazz Wealth Managers helps individuals and families achieve financial security through retirement planning and investing strategies. Our videos offer actionable guidance on navigating Roth IRA's, 401ks, IRAs, Social Security, and more. Whether you're approaching retirement or just getting started, learn how to make informed financial decisions for a prosperous future. Subscribe for more!
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Thanks for watching! Have questions about the Roth IRA? Drop them below and we'll be happy to help!
The MOVIE is "GET HARD" I read it in the comments and posting it so it's very clear cause i hate looking for this information 🙏
Thank you Dustin clearly explained
I wanted to send this to someone but you skipped over the income stipulations smh.
Dustin, I watch your show a lot, thank you. Question please.. Roth IRA, can you trade this account ? Say I opened a ROTH last year, invested $6k in NVDA. I could sell now and reinvest those profits in whatever stocks I wanted to right? Thanks
Wow not too in depth and a great jumping off point for understanding it! I know you mentioned the 10% penalty for pulling money out, but is there an added tax on the gains on what you pulled out? For example if I put $1000 in, and 5 years later have 50% gains, I still only pay a 10% penalty for taking some out early?
Another big no no in IRA's is earning more than $1000 from a Master Limited Partnership ( ways most oil and gas pipeline companies' stocks are structured).
Hey Dustin, liked the video. I have $1K in my Roth IRA invested in a few ETFs. If I want to switch my investments do I have to worry about capital gains?
Nope, move around your funds as much as you like. As long as you don't withdraw the money early, you never have to pay anything on it
Sauce?
I just transferred my Roth IRA to Jazz. I hope I can still backdoor into it next year.
Eyes up here. Haha