Advertisement
finance

3 Roth IRA Mistakes

Steve | Call to Leap 20



If you have a Roth IRA, here are 3 key things to know:

1. You can withdraw your contributions anytime without taxes or penalties.
2. You can take out up to $10k for a first home purchase, as long as your account is at least 5 years old.
3. Make sure to invest in assets to benefit fully from your account

By leveraging these benefits and investing wisely, you can set yourself up for long-term financial success. 💵🌟
-Steve

Follow @calltoleap for investing videos!

Follow me @calltoleap to learn more things like this about money!

@calltoleap

@calltoleap

@calltoleap

Make sure you check out my next beginners investing Master Class on November 12th at 5:30 PM PT the link to sign up is in my bio! 🔥

#money #investing #finance #personalfinance #rothira

source

Related Story
20 comments
@Fadi-hl8ox

I have 4 Roth IRA accounts. Just not so sure if I wanna combine them into one or leave those accounts be separated and left alone

@bryguy-s5y

Am I dumb for doing my Roth with Robinhood?

@alexsha315

Isn’t a Roth IRA or investing the same as saving in a high yield savings account?? It’s either invest 500 into s&p or its save 500 every month in a savings account. 500 or 100 however much I think should be ok

@alexk1034

My fidelity account automatically buys shares for me when I auto deposit each month. Don’t recall setting that up either

@yp8760

Should I open a personal Roth IRA through my brokerage account or with my employer?

@GrayDuckGaming

Two questions,
If you take your contributions out, can you put them back in without it counting twords your yearly contribution cap?
I have a roth 401k with company match, if i roll it over to my roth IRA, when does the match get taxed? Or did it get taxed instantly when they put in their contribution?