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What is a Roth IRA, and why may it be the best option for you? When it comes to saving for your future, and with the current state of taxes, it’s important to look for solutions that could be the right fit for you.
In this episode, John Mints fills you in on some myths about 401(k)s and warns not to get trapped into paying unexpected taxes. He explains the importance of understanding which account is right for you and describes Roth IRAs.
John discusses:
- The best place to put your money given the current tax situation
- Potential penalties when incorrectly withdrawing funds from your Roth IRA
- The truth about 401(k)s
- And more!
Related: Your Inheritance May Be In Danger