Q&A Session: Exploring Your Financial Questions

01:08 – What is the difference between a 401(k) and an IRA? Can you do pre-tax and Roth in both?
03:04 – Can you please elaborate and give an example of how Roth contributions can reduce your retirement tax burden?
04:09 – Should I do Roth conversions? If so, when?
09:40 – Can you do a rollover from a former employer 401(k) plan to a Roth IRA, and still get the same tax benefits? Or would you have to pay the taxes now?
12:12 – Would withdrawals from your 401(k) retirement plan at age 60 (therefore penalty free) reduce the RMDs values? Therefore, keeping you out of a future higher tax bracket?
16:33 – What would guidance be on purchasing life insurance when you have saved for retirement?
21:18 – What other “tax shelters” or vehicles are available to reduce retirement taxes?
36:50 – What do you do with your 401(k) once you retire?
41:22 – What is the most important piece to build wealth?
46:05 – What financial risks should people be worried about?
50:21 – How do I know how much I need for retirement?
56:28 – When should I start Social Security?