Understanding IRA money and how it fits into your finances is critical for growth. Kim and Spencer share with us the different types of investments that use IRA money and also tell us about ‘Unrelated Business Taxable Income – UBTI’.
Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.
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Show Notes
- Types of investments that use cash money – 1:33
- A particular rule in the IRA world – 2:19
- What is ‘Unrelated Business Taxable Income – UBTI’? – 3:47
- Understanding IRA money – 6:06
- IRA’s and growth – 6:32
- Why the worst asset to die with is and IRA – 10:30
- Life Insurance Death benefits – 11:53
- What happens if you don’t pay IRA taxes? – 12:30
- Cash money should be invested to create income – 13:30
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Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.