362: Myths About the Traditional and Roth 401(k)/IRA - Part 1
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 5 May 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
This week's retirement reading is from FAmag.com titled, Similarities Between Roth IRAs And Non-Dividend Paying Stocks. Listen in as Casey Weade breaks down the article and shares what he thinks! Today's episode can also be accessed by visiting Howardbailey.com/362.
Show Notes: Howardbailey.com/362
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Sifting through the copious amount of conflicting financial advice and retirement information can be daunting - but it doesn't have to be! Each week, Casey makes it super easy. He hand-picks 4 of the most important articles you need to read, that are beneficial to you whether you're at, near, or in retirement! If you want them sent straight to your inbox, sign up by visiting RetireWithPurpose.com/weekend-reading
Transcript
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| 0:00.0 | There's a good chance one of your biggest retirement assets will be a tax advantage retirement |
| 0:05.3 | account, be that an IRA, a 401K, a 403B, a 457 plan, and they can be difficult to |
| 0:13.2 | understand. |
| 0:13.9 | Most importantly, maybe you understand some of the basics, but you don't understand how to |
| 0:17.9 | maximize the value you're getting out of that account from a tax |
| 0:21.5 | perspective today and in the future. Well, that's what we're going to cover with you. Today, |
| 0:26.8 | we're going to be discussing nine myths about IRAs and 401Ks so that you can put yourself in a better |
| 0:33.5 | position in retirement. |
| 0:47.8 | Thank you. better position in retirement. Welcome to the Retire with Purpose podcast. I'm Casey Weed, where is our mission to help you gain clarity and purpose and elevate meaning in your |
| 0:52.4 | life through personal and practical financial |
| 0:54.8 | strategies. We do this in a couple of different ways. So if you're new to the podcast, this is how |
| 0:59.9 | we accomplish that. We talk about non-financial and financial topics week in and week out. We do |
| 1:05.9 | that on Mondays. Every other Monday, we release a long-form interview-based podcast with one of our world-class guests. |
| 1:13.4 | And then every Friday, Marshall Johnson and myself, we have the opportunity to get together and cover a trending topic with you. |
| 1:21.6 | We deliver a weekend reading email every single Friday to your inbox. |
| 1:26.2 | Our team goes out. |
| 1:27.3 | We scour the internet for all |
| 1:29.6 | the best articles that can make a positive impact in your financial life. And we put four of those |
| 1:34.9 | articles in front of you. Marshall and I, we get together on Friday. We do our homework and we break |
| 1:40.1 | these articles open and offer you our takeaways in the form of the conversation we're going to have today. |
| 1:45.4 | If you'd like to get a link to that article, you check it out in the show notes, and you have to |
| 1:50.0 | get this resource, get signed up to receive this weekly email. Why? Because not only does it help you |
... |
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