In today's episode, We address a common question: What's the difference between a Roth IRA, Roth 401(k), and life insurance? We explain how each investment option works, their tax implications, and how to decide which is best for your retirement planning.
This episode is particularly insightful for those nearing retirement, like a 58-year-old CPA looking to maximize his investments before retiring at 65. We break down the benefits and restrictions of each option, helping you make informed decisions about your financial future.
Join us every Friday at 3 PM EST on 103.9 L.I. News Radio for "The Main Street Code for Financial Success" hosted by Neil Himmelstein of Main Street Planning Group.
Catch our episodes on YouTube, Spotify & Apple Podcasts, and visit www.themainstreetcode.com for more insights.