Join the Women Talk Money team to walk through the ins and outs of the Roth IRA, the Roth 401(k), and the Roth IRA for Kids. We'll compare the different Roth accounts alongside traditional and rollover IRAs, taking you through what to know to help you choose the accounts that are right for you.
00:00 Introductions
01:52 What is a Roth and why are Roth accounts so popular
02:28 Roth IRA vs. Traditional IRA
04:45 Types of retirement accounts and their differences (Roth, Traditional, or Employer-based)
07:40 2024 Roth IRA income requirements
10:12 Roth IRA earnings withdrawal rules
14:58 What is a Roth conversion
21:15 Mega backdoor Roth conversion
23:12 Roth conversion vs. Roth rollover
26:30 What to do when you open a Roth account
27:16 Potential power of long-term investing
36:00 Roth IRA for children
39:30 Wrap up
Questions? Drop them below 👇 and we’ll reply right in the comments.
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