SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H What if there were a way to dodge taxes on a chunk of your paycheck? Or how about an investment opportunity that will never pay a penny of taxes on the growth no matter how big it gets? Sound too good to be true? This is the amazing tax shelter of the IRA. Two Cents on FB: https://www.facebook.com/TwoCentsPBS Two Cents on Twitter: @twocentspbs Email us: [email protected] -- Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson Directors: Katie Graham & Andrew Matthews Written by: Andrew Matthews Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Sara Roma Images by: Shutterstock Music by: APM SOURCES: https://en.wikipedia.org/wiki/Roth_IRA https://www.irs.gov/.../retirement-plans-faqs-regarding... https://www.investopedia.com/terms/s/sep.asp https://www.irs.gov/retirement.../traditional-and-roth-iras https://www.thestreet.com/.../401-k-and-ira-contribution... https://money.cnn.com/.../gallery.unusual_alternative.../ https://en.wikipedia.org/.../Individual_retirement... https://dqydj.com/history-of-contributions-ira-limit/ https://thecollegeinvestor.com/.../ira-contribution.../