[Series 66] 24, Traditional and Roth IRA Decisions

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: * Core tax differences between Traditional and Roth IRAs under federal tax law. * Contribution eligibility, income phase-out rules, and aggregate annual contribution limits. * Distribution requirements, including RMD rules at age 73 for Traditional IRAs and Roth exemptions. * How an IAR evaluates current versus projected retirement tax brackets to recommend the appropriate IRA strategy. * Common exam traps involving workplace plan participation and excess contribution penalties. This episode is an independent preparation resource for the Series 66 exam. Access comprehensive practice materials and video guides at https://open-exam-prep.com/practice/series66 and https://www.youtube.com/@Open-exam-prep . Sources checked: September 14, 2026 https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-limits https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds