ROTH IRAs. PLEASE DO NOW …. In your notebooks, please answer the following questions: What are the advantages of a traditional IRA? Is it better to be taxed on IRA distributions or is it better to be taxed on your IRA contributions? Please explain. TODAY’s GOALS. What is a Roth IRA?
Achievement Standard: Evaluate savings and investment options to meet short and long-term goals.
Achievement Standard: Evaluate services provided by financial deposit institutions to transfer funds.
ROTH IRA Video
Jack, age 61, takes a $6,000 distribution from his Roth IRA. His income tax bracket is 35%. How much will he be taxed on the distribution?
Taxes on Roth IRA QUALIFIED Distributions =
Understanding the P/E Ratio