Directed IRA Podcast cover image

EP 11 - Can I Own GameStop Stock with my Roth?

Directed IRA Podcast

00:00

Roth Ira Is the Best Way to Build Long Term Wealth

When you have money grow i and come out of a rothi aray, it comes out tax free. You pay no tax, non you can't pull it out until 59 and a half till retirement. This is long term wealth building. But like mark said, if you're gong at home run,If you're using traditional i r a, you're going to pay tax on the way out as you pull the money out. If you do it in your own name a, you've got another target on your back. Because if this project, or this investment that you're thinking has an outside chance of expedential growth, you'll catapult yourself into the highest tax bracket

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app