Traditional Vs Roth Accounts: Which Is Right For You?

Your Financial Compass with Bulman Wealth Group

Welcome back to Your Financial Compass! In today’s episode, we’re diving into the key distinctions between Traditional and Roth IRAs and 401(k)s. If you've ever wondered about the differences, pros, and cons, this episode is your guide to understanding these essential financial instruments.
Here’s some of what we discuss in this episode:

• What are the differences between traditional IRAs and traditional 401(k)s, and how do they work?
• How do Roth IRAs and Roth 401(k)s differ from their traditional counterparts?
• What are the potential benefits of using a Roth account, and are there any income limitations?
• Can you transfer old 401(k) accounts into traditional IRAs without tax consequences?

Resources for this episode
Check out the CNBC article on 401(k)s
WAYS TO CONNECT:
Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg
Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.
If you have any questions about what we discussed or anything else in your financial plan, email us at [e-mail]. You can also reach the team by phone at [phone].

Capitole

1. Traditional Vs Roth Accounts: Which Is Right For You? (00:00:00)

2. Traditional IRAs and Roth IRAs (00:00:03)

3. Traditional IRA and Roth IRA Comparison (00:10:58)