Today we are going to tell you about a somewhat secret money hack that very few Americans are taking advantage of.
It’s a benefit so good, you’d be crazy not to do it.
Right now, only 15 percent of Americans taking advantage of this tax savings benefit.
In this episode, Dave walks us through two different examples from two different couples who each saved the exact same total amount.
That said, what they were able to take home in retirement was quite different.
As you might imagine, the WAY in which they saved led them to achieve a completely different outcome.
In this episode, you will learn the differences between a traditional IRA and a Roth IRA.
Learn which method Dave most recommends and find out why he believes this to be the greatest tax-saving benefit available to everyday Americans.
Questions for Review:
- Do you have a retirement account that you (or your employer) are contributing to regularly?
- What are some of the benefits that you can get out of a traditional IRA? What about a Roth IRA, what are the benefits?
- What step can you take today to set up a retirement account and plan of action?
Verse from the episode: "Watch yourselves, so that you may not lose what we have worked for, but may win a full reward." -2 John 1:8