SeedTime Money (Faith, Family & Finances)

Roth IRA explained: a LEGAL tax loophole too good to be true


Listen Later

In this lesson we are talking about the Roth IRA: a LEGAL tax loophole that is “too-good-to-last” according to a millionaire mentor of mine.

If you have heard about the Roth IRA and are curious, this will help give you some inspiration to take advantage of this awesome tool the US Government has given us.

 

Links:

  • Our 10x Investing course will show you (down to what buttons to press) how to open one AND teach you how to make wise investments inside of your Roth IRA - https://SeedTime.com/10x 

  • Our True Financial Freedom class will teach you how to master all aspects of the money in a God-honoring way - https://SeedTime.com/tff

  • Watch this episode on our SeedTime Money Podcast YouTube channel - https://youtu.be/u98na2GI3uQ 

 

Here is just a little bit of what we cover in this episode:

  • Why I think almost everyone should have a ROTH IRA

  • How it could save you hundreds of thousands in taxes

  • How much can I contribute to a Roth IRA?

  • Who is eligible to open a Roth IRA?

  • What types of investments can I hold in a Roth IRA?

  • When can I withdraw money from a Roth IRA?

  • Can I withdraw contributions from a Roth IRA tax-free?

  • Are there any penalties for early withdrawals from a Roth IRA?

  • What is the difference between a Roth IRA and a traditional IRA?

  • Are there any other fees associated with a Roth IRA?

  • How do I open a Roth IRA?

 

If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.” 

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

...more
View all episodesView all episodes
Download on the App Store

SeedTime Money (Faith, Family & Finances)By Bob Lotich, Linda Lotich

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

246 ratings


More shows like SeedTime Money (Faith, Family & Finances)

View all
Wild at Heart by John Eldredge

Wild at Heart

1,687 Listeners

The Proverbs 31 Ministries Podcast by The Proverbs 31 Ministries Podcast

The Proverbs 31 Ministries Podcast

4,887 Listeners

Focus on the Family with Jim Daly by Focus on the Family

Focus on the Family with Jim Daly

4,852 Listeners

Revelation Wellness - Healthy & Whole by Alisa Keeton

Revelation Wellness - Healthy & Whole

1,635 Listeners

Win Today: Your Roadmap to Wholeness by Art of Leadership Network

Win Today: Your Roadmap to Wholeness

491 Listeners

Havilah's Podcast by Havilah Cunnington

Havilah's Podcast

2,053 Listeners

Susie Larson Live by Susie Larson - Faith Radio

Susie Larson Live

886 Listeners

Online Business for Christian Women | GOD-LED BUSINESS, Start a Podcast, Work From Home, Podcasting, Online Marketing by Stefanie Gass - Podcast to Profit™ Creator, Podcast Coach, Business Strategist

Online Business for Christian Women | GOD-LED BUSINESS, Start a Podcast, Work From Home, Podcasting, Online Marketing

1,244 Listeners

Rhythms for Life by Rebekah Lyons and Gabe Lyons

Rhythms for Life

1,271 Listeners

The Deep End w/Taylor Welch by Taylor A Welch

The Deep End w/Taylor Welch

984 Listeners

Lisa Harper's Back Porch Theology by AccessMore

Lisa Harper's Back Porch Theology

2,853 Listeners

The Best of You by Dr. Alison Cook

The Best of You

835 Listeners

Therapy and Theology by Lysa TerKeurst

Therapy and Theology

2,058 Listeners

Christine Caine's Life & Leadership Podcast with Propel Women by AccessMore

Christine Caine's Life & Leadership Podcast with Propel Women

193 Listeners

The Dr. Leaf Show by Dr. Caroline Leaf

The Dr. Leaf Show

3,074 Listeners