Is It Possible to Have Too Much in Roth IRAs?
Podcast: Ready For RetirementPublished On: Tue Jul 18 2023
Description: DescriptionThere 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?Timestamps:0:00 Intro1:17 Listener question3:59 Short answer5:41 Example8:04 Tax planning9:10 Eample11:45 Two questions14:18 Charitable giving18:22 Example20:57 OutroCreate Your Custom Strategy ⬇️Get Started Here.Join the new Root Collective HERE!
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