Episode 193 - Invaluable Advice from One of the Top IRA Experts in the Country, Ed Slott

Published: May 3, 2017, 4 a.m.

b'Should you choose a Roth or a Traditional IRA? Is a Roth IRA conversion right for you? What are the tax implications of your choices, both now and taking into account potential future tax law changes? There are so many questions it can seem impossible to develop a sound strategy, but you need to have one. Hoping for the best is not a plan.\\n\\nOn this episode of The Lange Money Hour, CPA/Attorney Jim Lange welcomes back Ed Slott, CPA, best-selling author and one of the top IRA experts in the country. The Wall Street Journal calls Ed\\u2019s website, irahelp.com, \\u201cThe best source for IRA advice .\\u201d Listen to this show and learn from the best\\u2014your financial security depends upon it.\\n\\nOn this program, Jim and Ed discuss: \\n\\u2022 The basics of Roth IRAs\\n\\u2022 The benefits of the Roth 401K and who is eligible \\n\\u2022 Common IRA mistakes Ed has come across in recent years\\n\\u2022 Strategies to help baby boomers minimize the tax impact of required minimum distributions\\n\\u2022 The importance of long-term planning over quick fixes\\n\\u2022 What to do if your income is too high to contribute to a Roth IRA (Back Door Roth IRA)\\n\\u2022 Whether taxes will go down, and if so, how members of the middle class can benefit\\n\\u2022 How you and your heirs can plan for the pending \\u201cDeath of the Stretch IRA\\u201d\\n\\u2022 And\\u2026 what Pittsburgh Pirate Hall of Famer Bill Mazeroski has to do with your retirement planning!\\nThe audio will also be archived on our web site at www.paytaxeslater.com/radioshow.php, along with a written transcript.\\n*All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment strategy or plan will be successful. Investment advisory services offered by Lange Financial Group, LLC.'