Melissa Fradenburg had the honor to be a guest on the Brave-by-Design Podcast with Laura Khalil. Brave by Design combines mindset and actionable strategy to address what’s blocking your personal and professional growth so you can rise and thrive. Hear from business experts, thought leaders, and more on how to live well and lead well. Melissa is passionate about financial knowledge and dedicated to empowering women to take an active role in their financial picture. She is a financial advisor at Pearl Planning in Grosse Pointe, Michigan.
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Any opinions are those of Melissa Fradenburg and not necessarily those of RJFS or Raymond James. The information contained in this podcast episode does not purport to be a complete description of the securities, markets, or developments referred to in this material. There is no assurance any of the trends mentioned will continue or forecasts will occur. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Raymond James Financial Services, Inc. does not provide advice on mortgages. Contributions to a traditional IRA may be tax-deductible depending on the taxpayer’s income, tax-filing status, and other factors. Withdrawal of pre-tax contributions and/or earnings will be subject to ordinary income tax and, if taken prior to age 59 1/2, may be subject to a 10% federal tax penalty. Like Traditional IRAs, contribution limits apply to Roth IRAs. In addition, with a Roth IRA, your allowable contribution may be reduced or eliminated if your annual income exceeds certain limits. Contributions to a Roth IRA are never tax deductible, but if certain conditions are met, distributions will be completely income tax free. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to do a conversion. Dollar-cost averaging cannot guarantee a profit or protect against a loss, and you should consider your financial ability to continue purchases through periods of low price levels. Raymond James is not affiliated with Laura Khalil or the Brave by Design podcast.