Black Girl Budget Podcast

S3E7: What Are IRAs and Why Do We Need Them?


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Season three is all about the financial tools you need in your arsenal. Today we're discussing another financial tool; IRAs. They are great investment vehicles to have and offer great tax advantages. We'll cover: 

  • How did IRAs come about?
  • How do they work?
  • What is the difference between Traditional and Roth IRAs?
  • Who can get one?
  • Why would you get one?
  • When can you withdraw money for retirement?
  • Things to remember about IRAs
  • Don't forget to donate to Feed Buffalo to help the Masten Park Community that has been affected by the recent shooting there. 

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    Black Girl Budget PodcastBy Nicole Donnell

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