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Mythbusting: #Roth Misconceptions Thumbnail

Mythbusting: #Roth Misconceptions

Roth IRAs are one of the most powerful tools you can use to become extremely wealthy. But as Dustin with Mundorf Wealth Management explains to Erin Kennedy there are many misconceptions about them, including:  

  1.  You can't touch any money in a Roth until you're 59.5 years old -Myth 
  2.  Roth IRAs are only for #Retirement 
  3. You can't contribute to a Roth if you make too much money 
  4. Roth plans are your only tax-free retirement option

There are many reasons to consider investing in a #Roth account or even converting your traditional #IRA to a Roth. Another option that offers tax-free earnings growth and tax-free distributions is specially-designed cash value life insurance, which can be a great complement to your Roth. If you would like to explore opening a Roth account or learn more about specially-designed life contracts, text or call Dustin at 830-476-2505 or book a free chat on the website by visiting www.LongLiveMyMoney.com

#TaxFree #WealthManagement #TaxStrategy #LifeInsurance

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