Financially Simple

In episode 186 of Financially Simple, Justin compares IRAs and ROTHs from a Business Owner's perspective. IRAs and ROTHs may appear to be similar on the surface of things, but when it comes to investing as a Business Owner, there are differences that you will need to consider depending on your goals. Justin goes over the differences between IRAs and ROTHs and explains why one might suit your requirements more than the other. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! FULL TRANSCRIPTION: BLOG: Small Business Retirement Plan Comparison _________________   TIME INDEX: 00:51 - A Business Owner's View of IRAs and ROTHs 01:02 - What is an IRA/ROTH? 02:57 - Rules to Follow 04:19 - From a Business Owner's Perspective 04:49 - The Tax Triangle 07:33 - Why ROTH is Recommended 08:29 - IRAs and 401Ks 10:04 - The Back-Door ROTH 13:30 - Which is Better? 20:51 - Conclusion _________________   RESOURCES: Financially Simple Educational Website Financially Simple on Y