The Big Picture Retirement Show does not provide specific tax, legal, or financial advice.

Listeners are encouraged to seek out their own advisors in these areas.

Hello, everyone. This is the Big Picture Retirement Show, the podcast for anyone who is planning for or living in retirement. I'm Devin Carroll and with me is John

Ross, my co-host. Hey, John. Howdy. John, last week we talked about the beautiful Roth IRA.

We did. And it is beautiful. We went over all of the details on this, the contribution limits,

the income limits. What else did we talk about? I don't know. It's just a, it's just a financial retirement vehicle riding on the

back of a unicorn with rainbows in the background and a field of blooming daisies.

It is that beautiful. It is. It truly is that beautiful. Yes. Writing on

the unicorn encapsulates exactly what I was trying to say last week. I just couldn't get those

words out though. So it's very articulate for you to come out with that. Well, thank you. Yeah,

the unicorn symbolism. That just kind of seals it for me. I will use that in client presentations

from now on. I think

they'll appreciate that. I think you should. You need to do some animations in your office.

Right. I should make some little short movies to show them about how great it is.

A little Roth riding a unicorn through a field of daisies. So we talked about how the big benefit of the Roth IRA is the fact that you could put after-tax money in,

but it will grow tax-free.

And then when you take it out, it's also tax-free as long as you meet the qualifications for this.

That's right.

The big problem with a Roth IRA is, is that there are income limits attached to this.

Right. So big daddy war bucks like you?

Yeah. Uh-huh. There's a lot of people out there, John, who can't make contributions to a Roth IRA.

Right. They've incomeed out. And let's think about it. Married filing jointly. They are, I mean,

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