Welcome back Wine and Dime listeners. I'm sure you guessed it already, but this episode is all about assets. While we’ve been talking about “Upping Your Assets”, you’ve heard an alphabet soup of investment account names and related terms. You may have asked yourself …
• What’s the difference between taxable, tax-free and tax-deferred accounts?
• What are 401k’s, 403b’s, and IRA’s?
• And, do I want to know what’s behind the Backdoor Roth IRA?
Listen to Amy Irvine, founder, CEO and financial planner of Rooted Planning Group, on this week’s podcast as she defines the types of assets you may (or should) have in your portfolio. This is also a good time of year to be thinking about tax implications for some of your assets and Amy points out a few things to consider. A handy guide, ABC’s of Asset Types, will help you as you follow along with this week’s podcast. You may access and download the guide via the link below.
While she’s breaking this all down for you, she just might be sipping on one of her favorites—a red blend from Lake Keuka.
We hope you learned something new in this episode and can use the information while assessing your financial situations in the future. If you know anyone who could use the review of assets provided in this episode, please do share!
Thank you for listening and look forward to seeing you back in the next episode!!
Lake Kueka Red Blend
This craft-vinted blend of vinifera grape varieties exhibits flavors of ripe flavors of raspberry and plum; accented by hints of spice and soft tannins on the finish.
