2892: 10 Reasons to Get Off Your Butt and Start a Roth IRA by Philip Taylor of PT Money on Investing Advice

Published: Oct. 7, 2024, 7 a.m.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2892:\nPhilip Taylor outlines the numerous benefits of starting a Roth IRA, emphasizing its tax advantages, flexibility, and ease of setup. Whether you're young or nearing retirement, a Roth IRA offers an excellent way to diversify your tax strategy, grow your retirement savings, and even provide funds for major life events like buying a first home. Taylor encourages taking action now to secure a financially stable future.\nRead along with the original article(s) here: https://ptmoney.com/start-roth-ira-10-good-reasons/\nQuotes to ponder:\n"You\u2019ll be more prepared for retirement. The Roth IRA was created to provide incentive for you to save for your own retirement. Use it."\n"With a Roth IRA, you can withdraw all of your funds tax-free and without penalty at age 59 and a half."\n"Invest in a Roth IRA while you still can."\nEpisode references:\nRoth IRA Rules: https://www.irs.gov/retirement-plans/roth-iras\nHow I Opened My First Roth IRA: https://ptmoney.com/opening-a-roth-ira/\nThe Taxpayer Relief Act of 1997: https://www.congress.gov/bill/105th-congress/house-bill/2014\nLearn more about your ad choices. Visit megaphone.fm/adchoices