Ed Slott

speaker

299 appearances 3 recordings 1 series first heard Jan 2018 last heard Apr 2022

Ed Slott’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

newest first · ▶ plays the moment

He's in his 50s.

he cannot touch those earnings without a penalty until he's 59 1⁄2.

His Roth contribution, the 2,000, he could always take out at any time.

That's not going to help him.

But the 5 billion of earnings, he has to wait until 59 1⁄2.

But then there's another threshold people forget about.

Yes.

At 59 and a half, he could pull everything out.

Five billion, whatever it's going to be worth.

Maybe it'll be worth 10 billion by then.

He could pull it out totally income tax free.

But it's not estate tax free.

It's still included in his estate, that Roth IRA.

It's income tax free, not estate tax free.

Let's say by the time he dies, he lives a long, happy life.

And then it's worth 50 billion dollars at death.

Who knows what?

the estate tax rates might be at that point, but as a good shot, 50% of it could be lost to estate taxes.

WSJ Your Money Briefing · Roth IRA: A No-Brainer for Younger Investors? · 16 Jan 2018 podcast

Yeah, they're mirror opposites.

With a Roth IRA, the key is the income in retirement is tax-free.

Showing 181–200 of 299 · page 10 of 15