Many people default to Traditional IRAs or 401(k) plans simply because it's the path of least resistance. But is this always the best strategy for your long-term financial picture? In this week’s episode, Scott will cover the differences between traditional and Roth IRAs.
Stay tuned as he helps you understand the basics and breaks down some of the long-term tax implications to keep in mind.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:49 – Traditional Vs. Roth
2:42 – The importance of strategic tax planning
6:40 – Why is the Roth so powerful?
Resources:
Schedule A Call with Scott: http://callosborn.com/
Scott's Book, A Pilot's Guide To Maximizing Wealth & Cashflow In Retirement: https://amzn.to/3xSn1ii
The Pilot's Planner Website: https://thepilotsplanner.com/
Watch the podcast on YouTube! https://www.youtube.com/@ThePilotsPlanner
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