Managing Your Financial Future with Lucia Capital Group
Managing Your Financial Future with Johnny Dean and "Professor" Rick Plum, CFP® Brought to you by the advisors and investment professionals at Lucia Capital Group, a registered investment advisor. Integrating financial planning and investing decisions, designed to help you reach your own financial goals. Want the best tips on which hot stocks you should buy this week? Go somewhere else - we don't do that. It's all about planning, strategy, managing your future and taking control of your financial life. Securities offered through LPL Financial, member FINRA/SIPC.
Managing Your Financial Future with Lucia Capital Group
3 Roth IRA Rules You Need to Know
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Roth IRAs are pretty simple in structure: Pay taxes now, enjoy tax-free income later. It’s one of the most appealing concepts in retirement planning. But like most things in the tax world, the details matter, and missing them can lead to unexpected taxes at exactly the wrong time.
What does it really take to make your withdrawals completely tax-free? How do the different five-year rules actually work, and why do they trip so many people up? And what happens to a Roth IRA after you’re gone… does it stay tax-free forever, or are there strings attached for your beneficiaries?
Learn how you can potentially use these rules to your advantage from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!