@@wealthhacker no, I believe that everyone should have a ROTH. I believe that they're likely to be grandfathered in when laws change. Peter Thiel messed this up for everyone
Thank you, Jeff Ross, I have a Roth IRA WITH ETRADE INVESTMENT, I started with 1,000, has grown additional $700.00 I certainly have taken some money over them months., however thank you taking the time your breaking it down, I know I get grow my account to 2.68 Miliion. Blessings to you., 👏👏👏👏👏🙏💎👑💯👍🔥🔥🔥🔥🔥🔥.
Question!! So when you say investing or putting in money every month for example $150-$200 a month you mean actually buy ETF or index fund with that money? Not just transferring money into the Roth alone? Right?
Can you open a Roth for a business? If so, what are the limits? Can you continue to contribute if you retire from 1 job but continue to earn money from a business?
you can open a solo Roth 401k or a regular 401k with a Roth provision. As long as you have income you'll be able to contribute to the business retirement plan.
normally i am skeptic of people inviting you how to make money, i can not believe 100 can turn into 2.6 millions, i assure no a single person of your subscribers were able to do that after the video, prove me wrong.
Contributing $100 AND $250 a month is FAR different from turning “$100 into 2.6 Million”. Quit scamming innocent kids. I don’t understand how people like you sleep at night.
Great GREAT video thank you for answering a lot of my questions. I have a roth ira and would like open a roth 401k and max both is that allowed. Is it possible to do self employed 401k with a roth ira being a w-2 worker
Glad it was helpful! 1. You would need self-employment income to open the Roth 401k. You can't start one if you're only a W-2 employee. 2. If you had a side hustle or side business, then yes you could do both, but.... 3. If combined you made more than the phaseout limits you would not be able to do the Roth IRA anymore but could still continue with the Roth 401k.
You can.....BUT...the child must have reportable income (no babysitting or lawn mowing money). Each of my kids is on my business payroll so I'm able to open a "Custodial Roth IRA" for them.
Do you LOVE ❤️the Roth IRA as much as me???????
I probably love it more😝😂
Yes. The US gov will likely change or do away with the Roth in the next ten years. They're missing out on too much money in not taxing the growth
@@Je.rone_ haha...I need proof!
@@jip230 Is that a good enough reason to not take advantage of one?
@@wealthhacker no, I believe that everyone should have a ROTH. I believe that they're likely to be grandfathered in when laws change. Peter Thiel messed this up for everyone
i live in Germany 😔the in internet says only people who live or work in the USA can have a Roth IRA
Thank you, Jeff Ross, I have a Roth IRA WITH ETRADE INVESTMENT, I started with 1,000, has grown additional $700.00 I certainly have taken some money over them months., however thank you taking the time your breaking it down, I know I get grow my account to 2.68 Miliion. Blessings to you., 👏👏👏👏👏🙏💎👑💯👍🔥🔥🔥🔥🔥🔥.
so awesome! When did you start it?
Question!! So when you say investing or putting in money every month for example $150-$200 a month you mean actually buy ETF or index fund with that money? Not just transferring money into the Roth alone? Right?
I stayed till the end of your video. You answer all my question. Thank you.
Thank you for the great info..
absolutely!
Very recently got mine opened thanks to your extensive advice. Thank you!
you bet!
Can you do a video on self directed Roth IRA's? Would like to know your thoughts on this.
This is an older video but basically the same concept: ruclips.net/video/rSldsSRh1h0/видео.html
I love the Roth IRA and Self Directed Roth IRA for my Bitcoin. Game Changer!
Roths are awesome i have a sólo roth 401k and a Roth IRA
yes! That's a lot of tax-free awesomeness
Wow are you doing both as a w-2 worker
@@slowbutstilllearning9938 currently I'm full time self employed
Can you open a Roth for a business? If so, what are the limits? Can you continue to contribute if you retire from 1 job but continue to earn money from a business?
you can open a solo Roth 401k or a regular 401k with a Roth provision. As long as you have income you'll be able to contribute to the business retirement plan.
So if I start with $100 and then put in $1000 into my account a day I’d have $364,100 in a year, not counting any interest I may earn. Boom!
you can but $100 a day is a lot of someone just starting out.
Would this affect scholarship if you start at a young age?
not so much a scholarship, but could affect financial aid.
normally i am skeptic of people inviting you how to make money, i can not believe 100 can turn into 2.6 millions, i assure no a single person of your subscribers were able to do that after the video, prove me wrong.
Give me a few years to let compounding interest do it’s thing
Is there a annual income limit to opening a Roth IRA ? I’ve heard conflicting information on this
Thanks for all you do.
Contributing $100 AND $250 a month is FAR different from turning “$100 into 2.6 Million”.
Quit scamming innocent kids. I don’t understand how people like you sleep at night.
I'm a 55 year old woman. My husband passed away. And i am the beneficiary of his 401k so can I take it out before I'm 65. Or not.
Gold digger
Hahahaha
Great GREAT video thank you for answering a lot of my questions. I have a roth ira and would like open a roth 401k and max both is that allowed. Is it possible to do self employed 401k with a roth ira being a w-2 worker
Glad it was helpful!
1. You would need self-employment income to open the Roth 401k. You can't start one if you're only a W-2 employee.
2. If you had a side hustle or side business, then yes you could do both, but....
3. If combined you made more than the phaseout limits you would not be able to do the Roth IRA anymore but could still continue with the Roth 401k.
Can you please do a video about the back door Roth?
One (hopefully) quick question: Can you open a Roth for a child? So it would be in their social&name, but you could grow it for them?
You can.....BUT...the child must have reportable income (no babysitting or lawn mowing money). Each of my kids is on my business payroll so I'm able to open a "Custodial Roth IRA" for them.
@@wealthhacker Ok, good to know. Thank you!