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Traditional vs. Roth IRA…. What’s the difference?

Antan R. Wilson is an entrepreneur, investor, and financial adviser.  He also works as a wealth management adviser at Xia Global Investment Group.  Xia is an independent company that uses a wide range of financial products and services to help individuals and business owners pursue their financial goals.  He has also worked for Cape Securities, Inc. and J P Turner & Company.

Wilson operates out of Atlanta, Georgia and spends the majority of his time helping individuals with investment strategies, 401k rollovers and risk management techniques.  He is originally from Raleigh, North Carolina, and according to his own account, he grew up reading stock quotes in news papers and tracking trades in a personal notepad he kept.  Wilson served in the United States Air Force, and upon his return to the United States, he assisted with the rebuilding efforts in New Orleans following Hurricane Katrina.  While there he worked for Power Concepts and the WAP Agency.

In addition to his work as a financial adviser, Wilson owns and invests in a number of businesses including real estate, freight, art and consumer goods.  He also speaks at various conferences and events.  He is certified through the Financial Industry Regulatory Authority as a General Securities Representative, an investment adviser representative and a securities agent.

In the following video, Wilson addresses the difference between traditional and Roth IRA’s.  IRA’s are individual retirement accounts that provide tax advantages for retirement savings.  While there are several types of IRA’s the Traditional IRA and the Roth IRA are the most common.  Wilson points out the the major difference between the two boils down to taxes, and he breaks it down into an easy to understand format to help consumers figure out what type of IRA will work best for them.

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Christine

4 Comment

  1. I opened up a Roth IRA account today! So proud of myself. I may be young but it's never too early to think about my future.

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