You all are in for a treat today because my buddy Murphy stopped by. Hello, mate. Yes, Sully and I met at boarding school. Great. Another one. Alright. We've got a caller. What's up? Caller: My coworker keeps talking about Roth contributions. Caller: I've been nodding along for 3 years. What is Roth? 3 years? That's commitment. Roth means you pay income taxes on your contributions now instead of later. With pre-tax contributions, you get the tax break now but pay income taxes when you withdraw the money. Caller: So, which is better? Well,that depends on your situation and you can contribute to both. Now, that's worth knowing. [ Bell Ringing ] [ Upbeat Music ]
