Roth vs. Traditional IRA — which one makes sense for you?
Carter Shaffer, CFP® breaks down the real difference between Roth and Traditional IRAs — how each is taxed, when one may fit better than the other, and the questions worth asking before you decide. Educational, not prescriptive — the right answer depends on your situation. 📍 Monocacy Wealth Management | Frederick, MD #RothIRA #traditionalIRA #retirementplanning #taxplanning #cfp Timestamps: 0:00 - Introduction 0:55 - Tax bracket consideration 4:56 - Common savings people miss out on 6:25 - Required minimum distributions 7:26 - Legacy planning 8:30 - Conclusion ------ Advisory services are offered through Monocacy Wealth Management, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax, or legal professional regarding your specific situation. The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal. Comments reflect the views of individual users and do not necessarily represent the views of Monocacy Wealth Management. They are not verified, may not be accurate, and should not be considered testimonials or endorsements.
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