Everything You Need to Know About IRAs

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.6 • 2.8K Ratings

🗓️ 25 March 2016

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How much do you really know about IRAs? When you can choose between Traditional, Roth, SEP, SIMPLE, and more IRA options, it’s easy to get confused. How can you be sure that you’re choosing the right one? By tuning into the Money Guy Show, of course. On the show today, we’re talking about the evolution of IRAs and why they're not all created equal. We break down each account option available and help you make sense of their long-term benefit to your bottom line.

Transcript

Click on a timestamp to play from that location

0:00.0	Traditional R.A. Roll over R.A. And Heritage R.A. You Roth R.A. You're Sep R.A. You're
0:07.3	Simplery and an education R.A.
0:11.9	Guys, when did R.A.s get so complicated?
0:15.3	It seems like these things, if you roll back in time, they start off so simple, but somehow
0:22.9	we have complicated a thing, a reform that was going to make our retirement life easier.
0:30.3	If you want to know anything and everything to know about R.A.s, including the history, tune
0:34.5	into today's show.
0:36.1	This is the Money Guy Show.
0:52.9	So some of our listeners are probably thinking it is the end of the world as we know it.
0:57.0	This is what I think is just fantastic.
0:59.9	We are so fortunate.
1:00.9	We work with clients in over 30 states now, but a lot of people we work with in our own
1:04.3	neck of the woods who don't really know about the podcasts.
1:07.0	So whenever they come into our office, whenever they meet with us, they always ask, what's
1:11.1	all that you have recording equipment, microphones and lights and all this stuff.
1:15.5	You guys have a music career in this side.
1:18.5	I feel like today it finally started this.
1:21.5	This was the beginning.
1:22.8	I think we answered the question that there's no music career.
1:25.3	I think I'm clearly what's funny is I play the piano, but I'm completely tone deaf on
1:29.8	my singing.
1:30.8	So I would definitely be who is the Van Halen brother that played all the keyboards,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.