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with Rob West & Steve Moore
Traditional IRA vs. Roth IRA with Mark Biller. Saturday, May 18, 2019
So you finally decided to open an IRA. Good for you! Maybe your employer doesn’t offer a retirement plan, or you’ve already maxed out your 401(k). It’s the age-old question: should you open a traditional IRA or a Roth? Each has its advantages. Today on Moneywise, Rob West and Steve Moore welcome investing expert Mark Biller to determine which investment is right for you. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:   - My father is a retired missionary, and he has been having a hard time keeping his finances straight since his retirement. How can I come alongside him to help him get things organized? - My mother left me an inheritance of an irrevocable trust. We’ve used the money to pay off our mortgage, so we are now debt free. The value of the trust is now insufficient for the trustee to continue administration. They now are going to distribute the remainder to me. Will I have any tax liabilities on that money? - Which is better, a will or a trust?   Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.  You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.  And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

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