Roth IRA: Turn $20 Per Day Into $660,000-$1.8 Million

Check out My Recommendations (It helps support the channel):

00:00 Surprising Roth IRA stats
00:42 What is a Roth IRA
01:26 Confusion around a Roth IRA
03:01 Roth IRA Contribution Limits
06:04 Roth IRA Income Limits
07:21 Getting Money Out of a Roth IRA
10:03 Growing a Roth IRA (million dollar Roth IRA)

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Disclaimer: This video is for entertainment purposes only. Everyone's situation is different so do your own research before making any decisions with your money.

[erichcas]

this channel is underrated, great quality and information

[sherbysumtinrl]

i’m 21 and just set up a roth ira account. this video is helping me understand it all. thank you sir

[MechEB]

Married filing separate folks need to use the IRA backdoor Roth.

[macmann]

Tell me more about “turning tricks.” 😂😂😂😂

[keithcain]

Great content as always!! The mighty Roth IRA!!

[clintonezekiel]

Let's hope the government never lies (to us about these accounts)....remember, It used to be illegal to hold physical gold in this country.

[lukewinstanley]

Great video, im 22 and learning as much as I can about finance, amazing channel! Are you still using your two fund strategy on VTI and VXUS? Me personally I like that strategy because I prefer buying and holding for a long time!

[petekamote]

I am new to IRA's can someone please explain:

I have a roth 401k that I have for over 5 years from just one company that I have worked.
I just opened a traditional IRA and Roth IRA cause I am over MAGI. Also IRA accounts are less than 5 years.

Questions if I resigned to my current job :

1. Can I roll over my whole roth 401k to my newly opened roth IRA? My roth IRA is less than 5 years.

2. Since my IRA is less than 5 years will the roll over have tax implications?

3. Will the gains that I made and employer contribution matches on my roth 401k get taxed when I roll it over to a roth IRA?

4. If after I do the roll over and get the funds settled for more than 5 years on roth IRA and i reach the age over 59 1/2 and do widraw the roth IRA will there be tax implications?

Hopefully someone can answer my questions.

TIA.

[Hangs_Solo]

If you open up a Roth IRA right now, but you've already filed your 2024 taxes. Do you pick 2025 to start contributing or are you allowed to still go with 2024 since the window is still open and it's before April?

[cemgulec]

what do you think about Invesco S&P 500 Momentum ETF (SPMO) in longrun ?

[Bkkoooll]

Hey brother, what if I’m solo llc can I withdraw for business tax free ?

[kckuc]

lol the government should follow suit with homes and cars and all other items, once taxed that’s it!

[SarahBny]

Why would a person have more than one Roth IRA account?

[MiraMirantheWall]

Is a Roth IRA vs. Traditional 401k Roth the same?

[roburb]

65 year old version? I think you meant 55! Haha. Ain't nobody got time to work until 65!!

[iamjane]

Let's see how long it takes them to change the rules... Just saying, and hope I am wrong.

[mikellock]

So, I didn’t know that contributions to a pre-tax employer program like a 403b would lower my modified adjusted gross income… now I need to read that via an “official” source. Not that I don’t believe you Jarrad! Trust but verify right?