Hello everyone welcome to Industry Focus the podcast that dives into a

different sector of the stock market every day you are listening to the

financials edition filmed today on June 6, 2016.

Today's episode is a primer on individual retirement accounts.

My name is Gabby LaPara, and joining me on Skype

to talk about IRAs is Dan Kapplinger,

Chief of our Personal Finance and Investment Planning Bureau.

Thanks for joining me.

How's it going, Dan?

I'm doing good, Gabby.

Thanks for having me on again.

I am really excited to have you here.

I'm sure our listeners will be two. So just so you guys know,

we are going to cover a fair amount of material today. Heads up for our listeners, we will be talking

about what an IRA is, why you need one, the different types of IRAs, how to pick

one, why you'd want to convert an IRA and how to do it, and then a blurb on 401ks.

Now you can use your little 15 second skip button to get to the part that you're interested in,

but I hope you listen to it all anyway because Dan and I are both fascinating creatures.

So let's start with this.

IRA stands for individual retirement account and everyone should have one right Dan?

Yeah.

Yeah so what I mean since everyone should have one can everyone have one?

...