In this video, we’re answering questions we’ve received about rolling over a 401k into an IRA – whether it’s a traditional or Roth IRA. ➡️ Must-watch video: Should I Stop Funding My Retirement Right Now? ✅ SUBSCRIBE to NOT being a transaction ever again... ✅ Like us on Facebook! ✅ Check out our site for more tips Between mass layoffs and people quitting or changing jobs, there are a lot of people looking to rollover their old 401ks to IRAs. And, with that comes questions about the best way to do it without screwing yourself with penalties and taxes. Intro 00:41 Direct vs Indirect Rollover 02:00 401k Rollover to Traditional IRA Taxes 03:38 401k Rollover to Roth IRA 04:38 Getting a 401k Rollover Check in the Mail 06:30 401k Rollover to IRA Count as Contribution? 07:05 When Not to Rollover 401k... ( read more )
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Back
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)