Listen to Episodes of Talking Money^®

IRA Rules: Why They Matter, Part 2

Air Date: August 13th, 2022

Mike discusses more questions surrounding IRAs including:

• When should you consider moving from a traditional to a ROTH IRA?
• What are some advantages of keeping things in a traditional IRA?
• What about conversion assets?
• What are the tax rules for a ROTH?
• What are the earnings rules?
• What is the five year rule and how does it affect my planning?
• What are some beneficiary considerations I should be thinking about?

IRA Rules: Why They Matter, Part 1

Air Date: August 6th, 2022

Mike answers questions about IRA rules, including:

• What are your plans in case something happens to you?
• What are the different kinds of IRAs and what are their different contribution limits?
• What about a non-deductible IRA?
• What kind of contributions should you be making?
• What is the back door ROTH IRA?
• How does your tax bracket affect your planning decisions?
• My tax software will figure everything out for me, right?
• To ROTH or not to ROTH?

Taxing IRA Distributions

Air Date: January 11th, 2020

How are distributions from IRAs taxed?  When you’re over 70 ½, is it better to use a Qualified Charitable Distribution when making a gift, or to give appreciated assets?