Taking Your Own Money But Being Fined? How To Avoid Roth Ira Taxes And Penalties

Описание: #RothIRA #RetirementPlanning #TaxFreeIncome #Investing #Finance #WealthManagement #FinancialFreedom

In this video, we break down everything you need to know about avoiding taxes and penalties on your Roth IRA. Learn the four core rules of Roth IRA, understand the two crucial 5-year rules for earnings withdrawals and converted funds, master the order of withdrawal rules, and discover how to properly execute a Backdoor Roth IRA strategy without triggering unexpected taxes.

0:00 Intro
0:32 Four Core Rules of Roth IRA
2:58 First 5-Year Rule: Earnings Withdrawal
6:32 Second 5-Year Rule: Converted Funds
9:20 Backdoor Roth IRA and the 5-Year Rule
10:10 Order of Withdrawal Rules
11:10 Final Reminders

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This video is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial professional, tax advisor, or CPA before making any decisions regarding your retirement accounts or tax strategies.