Timothy Sumer

From the Majority Report, live M-F 12 noon EST and via daily podcast at How was Mitt Romney able to amass somwhere between $21 million and $102 million in his individual retirement account during the 15 years in which he was at Bain Capital?... ( 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 When it was first reported in 2012 that former Republican presidential nominee Mitt Romney had an individual retirement account (IRA) worth as much as $100 million, many people were left scratching their heads. How did he accumulate such a large sum in a tax-advantaged retirement account ? The answer lies in what is known as a self-directed IRA. Unlike traditional IRAs, which typically hold stocks, bonds, and mutual funds, self-directed IRAs allow individuals to invest in a wider range of assets, such as real estate, precious metals, and even privat...

One of the perks of employment with the federal government is a retirement plan known as the Thrift Savings Plan. The question is what you should do with it once you retire. Dave Ermlick, a financial planner from Washington DC, discusses some retirement options federal employees have with this plan. Dave Ermlick (703) 338-7103 d.ermlick@cornerstonesenior.com... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As retirement approaches, one of the most important considerations for federal employees is what to do with their Thrift Savings Plan (TSP). The TSP is a retirement savings plan offered to federal employees and members of the uniformed services, and it’s often considered the cornerstone of the retirement package offered by the federal government. Here are a few things to consider as you determine what to do with ...