Is It Possible to Have Too Much in Roth IRAs?
There are a lot of good reasons to put your money into a Roth account. But does it make sense to have all your money in Roth accounts? The truth is, there is a point at which it's potentially harmful to continue putting money into Roth accounts. James explains the nuances of Roth accounts and tax planning while answering a listener's question. Questions Answered: Is there a point at which you can have too much in a Roth account? How can you use tax planning in retirement? ======================== Learn the tips & strategies to get the most out of life with your money. Get started today → https://www.rootfinancialpartners.com/ Subscribe to be notified for future videos: / @jamesconole-cfp Join Community → https://root-collective-58ba64.circle... _ _ For more resources and content, check us out below! 🔔 Subscribe to our channel to learn more about all things portfolio management / @jamesconole-cfp 🎧 Listen to our podcast http://readyforretirement.co/ 🧑💻 Visit our website https://www.rootfinancialpartners.com to learn more about us 👥 Connect with us on Facebook / rootfinancialpartners 📷 Connect with us on Instagram / rootfinancialpartners 🔗 Follow us on LinkedIn / 18347030 _ _ ⏱Timestamps:⏱ Timestamps: 0:00 Intro 1:17 Listener question 3:59 Short answer 5:41 Example 8:04 Tax planning 9:10 Example 11:45 Two questions 14:18 Charitable giving 18:22 Example 20:57 Outro Other videos we think you'll like: About Root: • Financial advisors with heart. Worried about retirement? Start here: • Worried About Retirement..Start With a Bla...
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