124. Breaking Down the Difference Between Roth and Traditional 401k

You stumbled on this podcast because you want to be more engaged with your finances. You want to feel at ease knowing that you will be able to retire comfortably. Awesome, me too! That’s exactly why I started this podcast. So, welcome to the year of financial wellness. The first Friday of each month our good friend CFP VP at Morgan Stanley, Erica Cummings joins the conversation. She’s laid out the plan for us. If we follow it step by step, and do what she gives us as our monthly “homework” at the end of the year we will reflect and realize we are in a good spot. Today we explain the nuts and bolts of the 2 ways to save for retirement. 401k and IRA. What is the big difference between Roth and Traditional? The goal of this episode and every episode is to help you make strides in your finances. Get you to the point where you have a good understanding of where you stand and what the plan is. It will feel amazing when you can confidently say “I am a financially confident woman” Here's Erica's email feel free to reach out to her directly See omnystudio.com/policies/listener for privacy information. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices