What’s the Difference in These Financial Items?

Equipping Points:

Some financial products or terms are easy to mix up. They sound the same or might do some of the same things, but there’s still an important difference between them.

Eric guides us through several of these commonly mixed up financial things. Knowing the difference could help you make the right decisions when it comes to your financial plan.

Here’s what you’ll learn on today’s show:

  • What are Roth contributions vs. Roth conversions? [spp-timestamp time=”1:05″]
  • Should I get term life or permanent life insurance? [spp-timestamp time=”3:25″]
  • Variable annuity vs. fixed annuity? [spp-timestamp time=”6:11″]
  • What’s the difference between 60 day rollover vs. trustee to trustee? [spp-timestamp time=”9:53″]

If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here. 

Today’s Takeaway:

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The host: Eric Peterson - Contact - Call: (515) 226-1500

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