Don't Fall Behind on Retirement Planning: How to Use Individual Retirement Accounts (IRAs) Like a Pro

Jul 24, 2025

Feeling behind on retirement savings? You're not alone! Discover the ins and outs of Individual Retirement Accounts (IRAs) and learn how to build real wealth. Explore the key differences between Traditional and Roth IRAs, plus tips on choosing the right one for your needs. High earners will appreciate a clever workaround, ensuring everyone gets the most from their retirement plans. No matter your stage in the journey, this discussion offers valuable insights to help you take charge of your financial future.

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ANECDOTE

How Nicole Discovered Easier Bond Buying

Nicole Lapin used to buy government bonds the hard way on slow, confusing websites.
She found Public about five years ago and stopped dreading bond purchases.

INSIGHT

Traditional IRA: Tax Now, Tax Later

Traditional IRAs give you a tax deduction now and tax the withdrawals later in retirement.
Nicole Lapin summarizes this as a 'tax deduction now, pay taxes later' plan.

INSIGHT

RMDs Start At Age 73 (2025 Rules)

Required minimum distributions (RMDs) force withdrawals from traditional IRAs starting at age 73 under 2025 rules.
You cannot defer taxes on traditional IRA balances forever because the IRS requires withdrawals.

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More than half of Americans feel behind on retirement savings, but the good news is, it’s never too late to level up your strategy.

Today, Nicole walks you through Individual Retirement Accounts (IRAs): what they are, how they work, and how they can help you build real wealth for retirement. She unpacks the key differences between Traditional and Roth IRAs, how to choose the right one (or both!), and what tax implications to keep in mind. Plus, Nicole shares a workaround for high earners and shows you how to open your own IRA today. Whether you're just starting out or optimizing your retirement game plan, this episode has something for you.

Ready? Open an IRA today.

This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.

All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. As part of the IRA Match Program, Public Investing will fund a 1% match of: (a) all eligible IRA transfers and 401(k) rollovers made to a Public IRA; and (b) all eligible contributions made to a Public IRA up to the account’s annual contribution limit. The matched funds must be kept in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time. See full terms here.

Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.

*APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change.

See terms of IRA Match Program here: public.com/disclosures/ira-match.