How to Invest and Grow your Money in ROTH IRA [wealth lawyer explains]

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Mat Sorensen - Wealth Lawyer & Entrepreneur

28 күн бұрын

In this detailed breakdown, we explore why the Roth IRA reigns supreme for long-term wealth building. From tax-free growth to flexible withdrawals and asset protection, discover why it's the top choice for savvy investors. Learn how to set up, fund, and grow your Roth IRA, plus strategies for maximizing its potential. Don't miss out on the ultimate savings tool - watch now!
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Пікірлер: 6

@22video11 26 күн бұрын

Hello Mat, I'm 65 and I have an IRA (traditional managed) invested in a Mutual Fund, but I no longer have a paying job, should I switch to a self-directed IRA, or convert it to a Roth IRA?

@BUY_YOUTUB_VIEWS_608 26 күн бұрын

I'm so glad I stumbled upon this!

@xaxb4178 26 күн бұрын

I was wondering if you could really explain this to me in a way that I can understand. This March I opened an Roth IRA and made the max contributions for last year ($6500) and this year's ($7000). I also opened a SEP-IRA because I am in a partnership. (My accountant suggest I should use a Traditional IRA instead). Can I make non-deductible contributions to this SEP through out the year? Do I fill out a form whenever I transfer the money into account? My goal is to pay the taxes now because I just can't tolerate future uncertainty.

@xaxb4178 26 күн бұрын

I don't understand SEP IRA or traditional IRA and I am self-employed/partnership. Roth IRA is simple enough for me.