188K views · 835 reactions | How does a Roth IRA work?  #rothira #ira #finance #investing #personalfinance | Casper Capital | Facebook

What is a Roth IRA & How does it Work? 🤑 #rothira #moneytips #retirementgoals #financetip #personalfinance | Josh Rincon

Everyone talks about the benefits of starting a Roth IRA, but few show you how to do it. Check out my video for a step-by-step guide on setting up your Roth IRA. Have more questions about it? Comment “INVEST” or tag a friend to join my next beginners investing livestream on Tuesday! 🙂 1. Open an account 2. Go to dashboard → transfer → set up monthly recurring deposits 3. Buy assets that will grow over time (SPY, IVV, VOO, FXAIX, SWPPX) 4. Watch your money grow Investing early is crucial. The so

Roth IRA Step by Step #RothIRA #financialliteracy #personalfinance | Basic Financial Literacy

Watch my video to learn the difference between Roth and Traditional IRA’s When choosing between a Roth IRA and a Traditional IRA, it’s important to understand the key differences and benefits of each. Both are types of individual retirement accounts in the United States that offer tax advantages, but they differ in how and when you get those tax benefits. In Traditional IRA’s anyone with earned income can contribute, but the tax deductibility of contributions may be phased out at higher income l