Roth IRA Basics

Transcript of Roth IRAs Qualified Distributions... What Is A Roth IRA? A special retirement account where you pay taxes on money going into your account and then all future withdrawals are tax fee. Who Needs a Retirement Account? Everyone. Americans are living longer than ever and social security may not be enough. Tax deferred growth Flexible investing choices Portable Low Cost Qualified distributions allowed Roth IRA Income Limits Education Expenses Disability Health insurance First home purchase Contributed amounts Investment Choices Mutual Funds Index Funds Real Estate Bonds Stocks CDs Other Roth IRAs not for the 1% In 2016, individual tax filers must earn less than $117,000 and married filers must earn less than $184,000. Some contributions allowed above this level, but then gradually phased out to $0. Common Question Can I invest in a 401k and a Roth IRA? Yes. Your tax deferred retirement plan at work is a natural compliment to your Roth IRA. One defers taxes until retirement and one saves you taxes at retirement. Roth IRAs also do double duty as college savings plans, which add flexibility for financial planning. Roth IRA Limits Unchanged from 2015 to 2016 $5,500 per individual and $6,500 per individuals over 50 years of age Roth IRA Basics Benefits of a Roth

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1. Gold's Special Risks All investments come with risks and rewards, gold IRAs included. “In many ways, gold IRAs have the same risks that any investment has,” says Moy. “The price of gold can go up or down and have volatility. No one can accurately predict its future.” But despite the risk, Moy says there is a reason to invest some of your retirement funds in gold. “Gold has a 5,000-year history of being a store of value. Stocks can go to zero as we’ve seen with Lehman Brothers, bonds can default like in Argentina or get big haircuts like in Greece. The value of the dollar has steadily gone down. But gold will never be worth zero,” says Moy. If the price of gold does dip, Moy says that likely means your paper assets will be doing well. So if your portfolio is balanced with both gold and paper-based funds, a loss on the gold side will be balanced by the gain experienced by other IRAs and investments. “Many of these risks exist for traditional IRAs, too. And traditional IRAs have risks that gold IRAs do not have,” he adds. Read more: http://GoldAndSilverForLife.com/partner?p=romeoicq&w=webinar
2. 2:05 "Roth[has] tax deferred growth." No Roth has tax free growth. You've confused it with a traditional IRA which has tax deferred growth.
   
   2:25 re Index fund "pay capital gains at the end of that investment." No, you have to pay taxes every year it spits out CG.
   
   Roth IRA can also serve double duty as an emergency fund.
3. wanted to know if roth is applicable for people from another country?
4. Thanks!