Everything an Investor Needs to Know About Roth IRAs

The Roth IRA is one of the most beneficial retirement savings accounts an investor can use. Yet interestingly, most investors don’t really know why a Roth IRA is so powerful. Just about everyone listening right now can benefit from a Roth, and for a variety of reasons you may not know about. In this week’s show, I’m joined by Yvonne Wood, Senior Client Advisor at Mercer Advisors. Yvonne is a 24-year veteran of Mercer, and she’s been crowned the “Queen of the Roth IRA,” because of her deep knowledge, enthusiasm, and creative use of the Roth for her clients. Yvonne starts with the basics of Roth IRAs, including who is eligible, the contribution rules, withdrawal rules and guidelines for beneficiaries. She then covers deeper subjects such as traditional IRA to Roth conversions. Most importantly, Yvonne explains how she uses Roth IRAs for her clients in many creative ways, including gifting accounts to children or grandchildren, and using a Roth as part of a legacy strategy.  If you’ve ever been curious about a Roth IRA, or if you’ve been considering one but weren’t quite sure if it’s right for you, then this show is a must.