Roth IRA vs 401(k) Explained: Which Makes You Richer? скачать в хорошем качестве

Roth IRA vs 401(k) Explained: Which Makes You Richer?

This is a step by step explanation of the Roth IRA and 401(k)! My Video on Index Investing:    • Index Funds for Beginners: A Step-by-Step ...   Roth IRA Brokerages: Charles Schwab: https://www.schwab.com/ira/roth-ira Fidelity: https://www.fidelity.com/retirement-i... Vanguard: https://investor.vanguard.com/account... 📖Your Money or Your Life: https://amzn.to/3VExSUV ☕Support My Channel!: https://www.buymeacoffee.com/williamsauQ 📱My $15 Phone Plan: https://mint-mobile.58dp.net/rn6rJQ 🏛️My 4.6% APY Savings Account: https://www.sofi.com/invite/money?gcp... 🌍My World Map: https://amzn.to/3Y90Sac Chapters 00:00 Start Here 00:41 What is a Roth IRA & 401(k) 01:30 How Taxes Work in Each Account 05:36 The Pros/Cons of Roth IRA & 401(k) 07:08 Which Is Better? 09:18 How to Get Started 10:51 My Roth IRA & 401(k) If you're trying to figure out the best retirement account to build long-term wealth, this video breaks down Roth IRA vs 401(k) in simple terms. We’ll cover what each account is, how the tax advantages work, the pros and cons, contribution limits, and which strategy may be best for your financial situation. I’ll walk you through how Roth IRAs grow tax-free, how 401(k)s reduce your taxable income, and how to use both accounts together to potentially retire a millionaire. I even show you my own Roth IRA and 401(k) accounts, how I invest, and what a real strategy looks like in practice. Whether you're a beginner or just trying to decide between the two, this guide will help you understand these two investment accounts better. **This video is intended for entertainment purposes only, none of it should be interpreted as financial advice. Links above are affiliate links where if you click and order, I will receive a commission at no cost to you. **