Fleishel Financial News
There’s always a reason not to save for retirement.
A traditional IRA is typically made with pre-tax dollars, grows tax-deferred and will be taxed when withdrawn at retirement. A Roth IRA is funded with after-tax dollars, grows tax deferred but qualified withdrawals are not taxable when withdrawn. Because there are income limitations for traditional IRAs to be deductible and for Roth IRAs, many higher income investors may be missing out on a completely legal but nifty strategy, a backdoor Roth IRA.
When trying to teach teens about money management, most parents put a lot of focus on limiting spending. While this is certainly an important part of budgeting, teens also benefit from learning about things like compound interest, credit card use, and savings accounts, too.
Fleishel Financial Associates is an Independent Registered Investment Advisor.
Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. and Fleishel Financial Associates, Inc. Fleishel Financial Associates, Inc. is not a registered broker/dealer and is independent of Raymond James Financial Services. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® and CFP® in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.