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Retiring Well: Roth IRA Over A Traditional One

Retirement tips come to you every Sunday at 9 and 10 news at 11:30 in the show, Retire Well.

This week they will discuss three questions you need to answer for success and why you could choose the Roth IRA instead of the traditional one.

“You invest dollars after taxes so you have to pay tax on the money when you contribute,” said Larry Flynn, financial advisor to Centennial Wealth. It grows with a tax deferral and then somewhere down the road when you want to use it for income is not taxable. So if I’m a young taxpayer and can grow it for years, it’s a nice bucket of money in the end that’s completely tax-free. ”

A good retirement sets Centennial Wealth Advisory. You can catch him here at 9 and 10 at 11:30 on Sunday morning.