Today we look at the value of Roth Dollars - the advantages of Roth accounts, their limitations, and the myths surrounding them.
The value of Roth dollars surrounds taxation , flexibility, and choice. In today's episode, Amy Walls breaks down Roth accounts - how they are set up, how they work, and what limitations the government has put on them.
We also look at other aspects of Roth accounts, including Roth conversions, the "back door Roth," and employer-sponsored Roth plans.
Finally, Amy busts the myths surrounding Roths, including when to contribute and the various tax implications.
As always, you should talk with an advisor who focuses on comprehensive financial planning. They can actually measure the impact of these changes so you can know the impact today, and the impact in the future.
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