Roth IRA and HSA with Eric Brotman

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

Proudly sponosred by Buzz indexes (BUZ on the NASDAQ)

health iq sponsor of money tree investing podcast

 

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

Proudly sponsored by Buzz indexes (BUZ on the NASDAQ)

Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips…. even if you personally don’t use social media! The BUZZ Index, licensed to an exchange traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered – and if you ARE online, you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month!

Here’s how it works: First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

 

About our sponsor, Health IQ

health iq sponsor of money tree investing podcast

HealthIQ is a sponsor of the Money Tree Investing Podcast.

You invest your money, don’t forget to invest in your life and take care of your loved ones with life insurance.

If you live a healthy lifestyle, you could save up to 33% on your life insurance.

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  • Like saving money on your car insurance for being a good driver, Health IQ saves you money on your life insurance for living a health conscious lifestyle.
  • These savings are exclusive to Health IQ and you must qualify to get the special rate (visit the site for more details).

Head over to HealthIQ.com/moneytree and see if you qualify, based on your overall wellness.

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