Ep 8: Want Surprisingly Flexible Savings Options? The 1 Account That Can Help You in 4 Ways

Putting money away for retirement can seem like a serious commitment, which it typically is due to rules around early withdrawal penalties and other abilities to tap your savings before your age 59 1/2. In this episode, Kelley C. Long offers 4 reasons that one particular type of retirement savings account offers more flexibility than you might think when contributing your hard-earned money. Check it out to learn the often-misunderstood rules so you can make the best decisions for your finances without the fear of losing access until you're almost 60. Resources to support the information presented in this episode: 3 strategic uses for Roth IRAs beyond retirement The ins and outs of Roth IRAs for children Pros and cons of the backdoor Roth IRA