Timothy Sumer

Is it worth it -- even profitable -- to have your money in a Traditional IRA? ▶ Like this video? Subscribe! Simple Schools TV teaches practical life skills in short, free educational videos for adults. Starting with money. ---------------------------------------------------------------------------------- VIDEO TEXT: 0:00 Intro We just talked quite a bit about some rich people talk: taxes. Now on to an interesting question about…interest. 0:06 How much interest can a Traditional IRA earn? Namely, how much interest can a Traditional IRA earn? The answer is: it depends. 0:12 What happens to my money in a Traditional IRA? A Traditional IRA is the account. When you open it, it’s empty until you contribute. Furthermore, it earns nothing until you put your money to work in an investment – like stocks, bonds, mutual funds, ETFs, or even just a money market fund. In other words, a Traditional IRA by itself is just an empty flower pot. It’s up to you to add the soil, ...

Have you ever considered a backdoor Roth IRA? It's a great way to save for retirement without having to worry about high taxes or a big up-front investment. In this video, I'll explain what a backdoor Roth IRA is, how it works, and the advantages and disadvantages of using it. I'll also provide you with tips and strategies for maximizing your savings and growing your retirement nest egg with a backdoor Roth IRA. Finally, I'll show you the process on how to open a backdoor Roth IRA. You can also use the pro rata rule to convert your Traditional IRA into a Roth IRA without paying taxes on the conversion. This technique will allow you to take advantage of the tax-free growth of your Roth IRA account while keeping all your investment options open. So don't miss this chance to unlock the power of a backdoor Roth IRA to grow your wealth! 📲 FOLLOW ME ON SOCIALS: Instagram: I am not a Financial Advisor, my videos are not financial advice. All inves...

Real estate investors, business owners, have you setup a self-directed IRA yet? A Self-Directed IRA can get you capital to protect and expand your business, without using personal or bank loans. It gives you complete control and can fuel growth. Learn more: ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Private capital, or non-public funds, are growing in popularity in the world of real estate and business investments. With self-directed IRA's and specialized trust companies offering unique investment opportunities, individuals are finding new ways to diversify their portfolios and achieve financial freedom. Self-directed IRA's are retirement accounts that allow individuals to invest in a variety of assets, including real estate and private equity. Unlike traditional IRA's, which limit investment options to stocks, bonds, and ...

Learn why you should consider a gold IRA at All of these different types of IRA can be hard to understand and it can be confusing to figure out which one is the right option for you and your retirement plan. If you already have an IRA and you want to transfer the money or invest it differently you will need to speak to a financial adviser to learn what your options may be. There are several investment brokers that can also help you invest your IRA funds differently, whether you want them in stocks, bonds or even precious metals. - See more at: ... ( read more ) LEARN MORE ABOUT: Precious Metals IRAs HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing REVEALED: Best Investment During Inflation Gold is known as the most precious and valuable metal on earth. For centuries, people have been using gold as a standard of wealth and a medium of exchange. It's no wonder that it's considered one of the most preferre...

In this week's episode, Brad and Jonathan dissect the idea of earning power being used as a weapon to combat inflation, and strategies you can implement to level up your income! One of the best ways to reduce the impact inflation has on your life is to out-earn the inflation rate. While that solution can easily fall under the umbrella phrase of, "easier said than done," there are actions you can take to make that process easier for yourself! Listen along as the guys discuss different strategies to approach raising your income and see if any of them can apply to you and your FI journey! Timestamps 0:55 - Introductions and Season's Change 5:37 - Times is a Resource 9:10 - Start With Spending 14:07 - College Cynicism 21:53 - The Career Freedom of FI 25:04 - Income Combatting Inflation 28:10 - Performance Reviews and Standing Out 36:15 - The Art of Salary Negotiation 43:00 - Influence 45:03 - The Script 51:31 - How Can I Improve This? 53:42 -...

안녕하세요. 미국에서 개미처럼 일하는 미국개미입니다. 사람이 살다보면 중년, 장년을 지나 노후를 맞게되는데요 노후준비를 중, 장년부터 시작을해야 좀 더 편한 노후를 보낼수있겠죠? 그 과정으로 개인연금인 IRA에 대해 알아보았습니다. 여러분들도 늦지않게 차근차근 IRA 또는 401K로 준비하시기 바랍니다. 구독과 좋아요 꼭 눌러주시고 구독자 및 미래의 구독자 여려분 건강하세요.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Preparing for retirement is an essential part of financial planning, and in the United States, one of the most popular retirement saving options is the Individual retirement account (IRA). An IRA is a type of investment account that provides tax benefits for retirement savings. There are two main types of IRAs, traditional and Roth. With a traditional IRA, you may be able to deduct contributions from your taxable income, and the funds grow tax-deferred until you withdraw them in retirement. With a Roth IRA, you don't get an upfront tax deduction, but your withdrawals in retire...

Provided to YouTube by Star Network Music Rinth Yous Roth September · Adonis DD Group DD Adonis DD Group Vol.5 ℗ DD Group Released on: 2023-03-17 Auto-generated by YouTube.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA Rinth Yous Roth September is a Cambodian model and social media influencer who has been taking the world by storm with her stunning looks and captivating personality. Born and raised in Phnom Penh, Rinth grew up with a passion for fashion and beauty. She began her career as a model when she was just 16 years old and quickly gained recognition for her striking features and natural talent in front of the camera. Over the years, Rinth has made a name for herself as one of the most sought-after models in Cambodia, working with numerous fashion brands and appearing in high-profile photo shoots and events. She has also...

There are concerns the next global recession may be just around the corner, so what exactly is a recession? CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: Subscribe to CNBC International TV on YouTube: Like our Facebook page: Follow us on Instagram: Follow us on Twitter: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing In basic terms, a recession can be defined as a significant decline in economic activity that is typically marked by a decrease in gross domestic product (GDP), income, employment, manufacturing and retail sales, and other indicators of economic health. A recession typically occurs when there is a widespread decline in spending and investment across an economy, which can be caused by a number of factors including but not limited to: - A sharp increase in interest rates or inflation - A financial cri...

After the collapse of the Silicon Valley Bank and Signature Bank, President Biden called on Congress to make it easier for regulators to hold failed banks accountable. Former Vice Chair of the FDIC Thomas Hoenig joined the Meet the Press NOW roundtable with his analysis. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: Breaking News Alerts: Visit NBCNews.Com: Find NBC News on Facebook: Follow NBC News on Twitter: Get more of NBC News delivered to your inbox: nbcnews.com/newsletters #SiliconVa...

The Federal Reserve is widely expected to combat soaring inflation by hiking interest rates this year. Buffett has recommended ignoring any predictions about the future direction of rates. Long-term investors don't need to guess where rates will go next. Please consider sharing this video if you found it useful. This small channel really needs your support. You smashing the thumbs up button and subscribe button mean a lot to us! This channel updates frequently.... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Interest rates and stock prices have a complex relationship, and investors often wonder whether interest rates act as gravity on stock prices. In short, yes – interest rates can exert pressure on stock prices, but this is not necessarily always the case. Interest rates refer to the cost of borrowing money,...

The Federal government contracts with an insurer to provide retiring employees with a stream of income for life, called an annuity. An annuity is income insurance. You give the insurance company a lump sum of money at retirement with your TSP balance and the insurer gives you a monthly stream of income for life. If you live to 200 years old, the insurance company is obligated to pay. The insurance company benefits because they keep your annuity contribution once you die. You benefit because you never run out of money. You have the option to do a single life TSP annuity or a Joint Life TSP Annuity. The Single life annuity option pays a stream of income until the annuitant dies. Once the annuitant dies, the money stops. With a joint life annuity, the annuitant and their spouse are guaranteed to receive a stream of income for both their lives. If one spouse dies, the other spouse will continue to receive the annuity until they die. If you have a spouse and want to g...

Smash that like button so we can grow our community! I'm not an expert and I am not a financial advisor so please take this with a grain of salt and understand this video is more so to expose those who haven't already been to a new way of thinking and the importance behind investing at an early age. This is my experience as a young investor with a Roth IRA and why I think it's one of the most vital tools an investor can use in order to ensure they have a retirement plan in place. This investment strategy is a tax free way to become a millionaire within your lifetime and with little action required. You need to save and plan for your future so you can get out of the constant pressure and stress of the adapting world and manage inflation through your retirement account and investment planning. I have lots of people I listen to regarding 401k, Roth IRA and individual retirement accounts as a whole that I would love to share.... ( read more ) LEARN MORE ABOU...

///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: Chat on discord: Join Link Support on Patreon: Get IRS FORM W4 TAX WITHHOLDING HELP HERE ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you. TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL...

[Free Guide] Protect Your Wealth With A Silver IRA - If You Prefer Gold, Get Our FREE Gold IRA Guide - Find Retirement Peace Of Mind With Our Free Inflation Survival Kit - Apply For A Free Web Conference To Take Back Control Of Your Retirement - --- With our free Gold & Silver IRA Guides you'll learn: - How To Find Retirement Peace Of Mind With A Gold Or Silver IRAs - 15 Bad Reasons To Buy Gold - Top 10 Gold Dealer IRA Lies To Avoid - Why Today Is The Time To Take Action - How To Open A Gold IRA Account (and all about fees) - How Physical Gold And Silver In An IRA Can Help You Sleep Well At Night Gold IRA Guide - Silver IRA Guide - --- Check Out Some AMAZING Free Resources! Free Weekly Market News Secrets - Free Gold IRA Guide - Free Web Conference - Free Silver IRA Guide - Attend the exclusive FREE web conference that persuaded hall of fame quarterback Joe Montana to diversify his retirement with gold - ---- We dive in-depth on the concepts that yo...

One of the cheapest ways to borrow money is borrowing from your own 401k account . Note that your employer /custodian controls the ability to borrow. Check with your own account to see the options. 0:00 Background 1:04 Fidelity Account Example 1:57 Principal Account Example 2:35 Summary and Final Thoughts My Referrals: Venture X Credit Card: Chase Sapphire Preferred Credit Card: One Finance Checking/Savings Referral: ... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Borrowing from your 401k can be a tricky task. However, it is not impossible to do. In this article, we will discuss two of the most popular 401k providers, Fidelity and Principal, and walk you through the step-by-step process of borrowing from your 401k. Step 1: Check your 401k plan The first step in borrowing from your 401k is to check your plan. You ne...

Watch our webinar as James Mitchell, Financial Advisor at Holborn Assets, will share his insights regarding the UK state pension benefits, entitlements, voluntary and back dated contributions. Whether you are looking to retire abroad or in the UK, your National Insurance contributions will impact if and how much State Pension you receive. Although the UK State Pension probably is not enough on its own to support you financially through retirement, from as little as £3.15 per week, it is an incredibly cost-effective way of topping up your retirement income. For more information, get in touch with our advisers by filling in the form here: #holborn #uk #pension #statepension #pensiontransfer... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing If you're looking to top up your State Pension, the time to act is no...

Most of the information and "advice" you find online makes the case that delaying your filing is always the right thing to do and thus filing for Social Security at 62 is almost always a bad idea.. There's a good reason for that thinking because filing for Social Security at 62 means taking reduced benefits FOR LIFE. But that advice is WAY too broad because it’s simply not true that filing at 62 is always a bad idea. This decision is highly dependent on your own personal set of factors. In fact, there are five specific circumstances when I think filing early makes the most sense and in this video were going to examine each of these. ➡️Get the Ultimate Social Security Cheat Sheet! It takes the essential information from the 100,000 page Social Security website and condenses it down to just one page! ➡️Get the retirement planning Cheat Sheet! This simplifies the contributions and income limits, tax tables, and other important rules to just one ...