Financial Myth: Everyone Should Invest in Roths

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Episode Description

In this episode, we discuss the myth that Roth IRAs are right for everyone.

We explain what a Roth is and how it differs from a traditional IRA. We also discuss the different ways to access a Roth, including Roth 401(k)s, backdoor Roths, and Roth conversions.

Our conversation emphasizes the importance of understanding tax brackets and how they can impact the decision to contribute to a Roth. Lastly, we highlight the benefits of Roth IRAs for retirees and the flexibility they offer in managing taxes in retirement.

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Episode Transcript

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