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Money Girl

392 MG 3 Common IRA Mistakes

Money Girl

Macmillan Holdings, LLC

Entrepreneurship, Education, Investing, Business, How To

4.61.8K Ratings

🗓️ 11 March 2015

⏱️ 12 minutes

🧾️ Download transcript

Summary

Are misunderstandings about IRA accounts keeping you from financial security? Money Girl details 3 of the most common mistakes that may be preventing you from using IRAs to build wealth. Read the transcript: http://bit.ly/1AkXSBz

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Transcript

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0:00.0

Hi friends, I'm Laura Adams and you're listening to the Money Girl

0:08.0

Podcast. Thanks so much for joining me. I've got a great episode for you today about IRAs. These accounts

0:15.0

are powerful when it comes to saving money, but unfortunately they tend to be

0:20.2

misunderstood. Even though they're one of the best ways to save for retirement

0:24.8

and they're available to just about every American with income, including non-earning

0:30.0

spouses when you're married and file taxes jointly, many people are passing them up.

0:35.4

Some simple misunderstandings about how IRAs work may be keeping you from shoring up your

0:40.9

financial security.

0:42.8

So in this episode, I'll kill three common mistakes

0:46.7

so you can use IRAs to successfully build wealth.

0:50.5

To read the transcript for this show,

0:52.0

you'll find it on the Moneygirl page at quick and dirty tips.com

0:55.0

Just look for episode number 392 called three common IRA mistakes that steal your wealth.

1:06.4

Recently I was invited to make a speaking appearance

1:09.7

at the University of North Georgia

1:11.8

on the topic of creating financial independence.

1:15.0

During my Q&A session at the end, it was clear that many students were really anxious to start building wealth, but some were also hesitant.

1:25.0

Fortunately, their concerns revealed misunderstandings

1:30.0

about the rules for using an IRA.

1:32.0

And of course, I was thrilled to clear up those mis- about the rules for using an IRA.

1:32.8

And of course I was thrilled to clear up those misconceptions

1:35.8

and put their minds at ease about getting started.

...

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