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What you need to know about Roth IRAs and HSAs.
Eric Brotman from Brotman Financial Group explains the benefits – and the differences – between various tax-advantaged savings accounts.
Doug Goldstein asks Eric to discuss:
- Who should switch from a traditional to a Roth IRA?
- Why aren’t HSAs (Health Savings Accounts) being used more?
- If people are indexers, do they really need to worry about tax-deferred plans?
- What sort of investments should people put into their IRAs?
- When you leave an employer, should you roll your 401(k) into an IRA?
Our show sponsors
Today’s guest, Eric Brotman:
Eric Brotman is a CFP®, AEP®, CPWA®, and President & Managing Principal at Brotman Financial Group.
He appears regularly on television on 11 News Sunday Morning on WBAL in Baltimore, in print in Wall Street Journal, The Baltimore Sun, Baltimore Business, and many more.
Website: Brotman Financial Group
eBook: LowTaxBook.com – 4 Strategies to Maximize Your Income Taxes Legally
Book: Retire Wealthy: The Tools You Need to Help Build Lasting Wealth – On Your Own or With Your Financial Advisor
Disclosure: Eric offers securities through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Kestra IS and Kestra AS are not affiliated with Brotman Financial Group or any entity referenced herein. Neither Kestra IS nor Kestra AS provide tax or legal advice. The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra IS or Kestra AS. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regard to your individual situation. Comments concerning the past performance are not intended to be forward looking and should not be viewed as an indication of future results.
Today’s Panelists
Doug Goldstein | Goldstein on Gelt
Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | Adulting.tv
Joe Saul-Sehy | Stacking Benjamins
For a quick bio of each of our show participants, head on over to our panelists’ page.
Send us your questions for a future Listener Letters episode
About our sponsor, BUZZ Index
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About our sponsor, Health IQ
HealthIQ is a sponsor of the Money Tree Investing Podcast.
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