E89 - Your not so silent partner
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E89 - Your not so silent partner
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Episode 89 - Your not so silent partner
If you have an IRA or 401k or 403b, you have a silent partner in uncle Sam. That’s because of taxes on qualified withdrawals. The Roth IRA is the cure for partnership blues. Once you get your money in a Roth IRA uncle Sam has to go hunting elsewhere for his revenue.
In this episode JJ provides another ill conceived and poorly acted skit to get his point across about the perils of partnership. Then he discusses strategy considerations for accumulators and with drawers when it comes to Roth IRAs and retirement savings. What could possibly go wrong.
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