Welcome to the Modern Husbands podcast, where any combination of Dr. Bruce Ross, Christian Sherrill, and Brian Page host national experts who share winning ideas to manage money and the home as a team. Today we welcome Sean Mullaney who is the President of Mullaney Financial & Tax, Inc. Through Mullaney Financial & Tax, Sean provides advice-only financial planning for a flat fee. Sean writes the Plutus Award winning blog FITaxGuy.com on the intersection of tax and financial independence and has been quoted in media outlets including The Wall Street Journal, The New York Times, and MarketWatch. Today we will discuss how spouses can use retirement savings to reduce their taxes. Enjoy the show! Note: The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. Brian, Dr. Bruce, and the Modern Husbands podcast do not endorse Sean Mullaney, Mullaney Financial & Tax, Inc. and their services. Questions Answered 0:00:00 Introduction 0:01:00 How does a traditional 401k reduce an investors tax burden when investing? 0:05:48 What is the difference between a traditional IRA or 401k and an IRA? And what are the differences between a Roth 401k, Roth IRA, and Spousal IRA? What is a spousal IRA?  0:14:04 What are some of the misconceptions around some investing option terms? 0:16:32 Why would someone choose to invest in some sort of IRA rather than a traditional tax shelter where the investor receives a tax deduction when they contribute? 0:23:23 How can it help parents who don't work outside of the home? 0:26:04 Should people contribute to traditional retirement accounts or Roth retirement accounts? 0:28:57 One simple piece of advice based on the conversation 0:30:12 Where listeners can learn more from Sean about tax tips. Additional Resources Sean Mullaney YouTube channel: https://www.youtube.com/@SeanMullaneyVideos  Spousal Roth IRA: https://www.modernhusbands.com/post/the-spousal-ira  Sean Mullaney on X: https://twitter.com/SeanMoneyandTax  Subscribe or follow Modern Husbands on social media! Newsletter Facebook YouTube LinkedIn Instagram Twitter TikTok Substack