TOP 5 MAJOR ROTH IRA MISTAKES TO AVOID in 2023

Video Outline
0:00 Introduction
0:35 What is a Roth IRA?
2:28 Mistake #1
4:40 Mistake #2
6:19 Mistake #3
7:25 Mistake #4
9:11 Mistake #5
10:30 Outro

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[TheCreditFrog]

Understanding the rules is very important for Roth IRAs! It's great that you were able to contribute to your Roth IRA, and hopefully you were able to work with your CPA to get you on that backdoor Roth IRA train! These are great tips Brian, thanks for the video!

[MannyCovington]

So important to keep in mind, especially because Roth IRAs are such a great account!

[PaulRivera-ns]

What happens to the roth account funds once you make more than 130K?

[oisinoceallaigh]

As a proud Irishman, Your thumbnail has pleased me greatly.

[drummerchicago]

you forgot to mention most roth ira require it to be open for 5 years as well before you can withdraw without a penality...there is also a 401k roth as well that alot of companies offer

[AdrianCastellanosStudios]

Is it worth to open one if I’m only putting in $1000 a year?

[danielalejandro]

So if i have saving that I want to put into a ROTH IRA, I can't do that?? I just sold my car and I want to put part of it there.

[FrancisAmponsah-km]

What are your thoughts on robo-advisors?

[SunnySkiesInAZ]

If you pull out from your Roth IRA early, can you repay it back into the account?