Today, we're diving into one of our top guest episodes of 2024, featuring financial planner Sean Mullaney. Sean brings expert insights on the often debated topic of Roth versus Traditional retirement accounts, particularly tailored for small business owners looking to optimize their retirement savings. We'll break down the core differences, and Sean will share why both account types have their merits and strategic advantages. Whether you're a Roth advocate, a Traditional enthusiast, or somewhere in between, this episode will equip you with the knowledge to make informed decisions about your financial future. Let's get started and learn how to effectively blend these strategies to bolster your wealth-building journey.  Sean Mullaney is a financial planner and writes The FI Tax Guy blog focused on the intersection 

of tax and financial independence. In 2022 he authored the book Solo 401(k): The 

Solopreneur’s Retirement Account. 

 

X (formerly Twitter): https://twitter.com/SeanMoneyandTax 

LinkedIn: https://www.linkedin.com/in/seanwmullaney/ 

YouTube: https://www.youtube.com/@SeanMullaneyVideos 

Website: https://fitaxguy.com/ 

 

The discussion is intended to be for general educational purposes and is not tax, legal, or 

investment advice for any individual. Shannon and the Keep What You Earn podcast do not 

endorse Sean Mullaney, Mullaney Financial & Tax, Inc., and their services.  What you'll hear in this episode: 04:40 Federal debt may not heavily burden retirees. 

06:46 Retirement accounts lightly taxed despite tax increases. 

10:24 Optimize retirement strategy with Roth conversions timing. 

14:08 Clarity on retirement goals overrides generic advice. 

19:52 Diversify income and investment channels equally. 

20:20 We're in the best era for investors.  If you like this episode, check out: Boosting Business with Better Client Care 

Acquire Cheaper and Better Customers (Financial Priority Formula Part 3) 

Simplifying Sales Strategy  Want to learn more so you can earn more? Get $50 off your HR audit with People Principles by using code SHANNON50 here. Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ  Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.