Ready For Retirement

Is It Possible to Have Too Much in Roth IRAs?

07.18.2023 - By James Conole, CFP®Play

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Description

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?

Timestamps:

0:00 Intro

1:17 Listener question

3:59 Short answer

5:41 Example

8:04 Tax planning

9:10 Eample

11:45 Two questions

14:18 Charitable giving

18:22 Example

20:57 Outro

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