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Podcast: Earn Your Leisure
Episode: Set Your Kids Up for Life & Get a Tax Break! Roth IRA Secrets for Entrepreneurs
Description: Welcome to EYL's latest clip, where hosts Rashad Bilal and Troy Millings dive into smart financial strategies to ensure a financially secured future for you and your children. In this insightful discussion, they explore the power of Roth IRAs and how starting early can make your child a millionaire by the time they retire.The clip kicks off with Rashad explaining the basics of individual retirement accounts (IRAs), focusing on the traditional IRA and the Roth IRA. A traditional IRA offers a tax deduction when you contribute, but it becomes taxable upon withdrawal during...