Timothy Sumer

Do you have an old employer 401k plan that you don't know what to do with? Don Anders discusses whether or not you should do a 401k Rollover to IRA or if you should keep your money in your employer 401k plan . If you'd like to learn more about your options or to book an appointment with someone on Don's team, feel free to visit us at 0:00 Introduction 0:23 Should I move an old 401K? 0:40 You do not own the rights of your 401k account 1:18 401K fees can be very expensive 1:35 Two Options: Take the fees, or roll it over 1:58 Factor to Look Into #1: The Investments 2:11 Factor to Look Into #2: The Fees 2:28 My Recommendation: Talk to an Advisor, look at IRAs #401k #401krollover #donanders #retirementplanning #investing... ( 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 Old 401k Options: Should I Keep My 401K or Rollover to...

If you're interested in buying a home, then you may want to consider using your savings in conjunction with your 401K. In this video, we'll show you how to buy a home with your 401K. We'll discuss the various options available to you, as well as the pros and cons of each. We'll also highlight some of the key factors you should consider when buying a home with your 401K. After watching this video, you'll have everything you need to know to buy a home with your 401K! //HOUSE HACKONOMICS BOOK: //JOIN EYL UNIVERSITY: //APPLY FOR A LOAN: // SECOND OPINION ON YOUR CURRENT LOAN: //If you are currently in the process of refinancing or purchasing a home and want a second opinion on your deal, schedule your appointment here: //Homebuyer's Blueprint Vol. 1: //MG The Mortgage Guy Official Instagram: //MG The Mortgage Guy Official Facebook: //MG The Mortgage Guy Official TikTok: SUBSCRIBE: Thanks for watching!!... ( read more ) ...

Get a 10-Day Free Trial of Market Insiders: . . The 401k isn't the best investment tool out there. In this video we go over many 401(k) alternatives so you can keep more of your money Subscribe To Our Channel: 🚨Read Our FREE eBook🚨 Get Richer Sleeping - Investing 101: Recommended: The TRUTH About Your 401k That No One Tells You: Roth 401k vs. Traditional 401k - How Will You Retire Richer?: Investing Your Money: 401k Alternatives To Keep More Money 0:10 - Some of the biggest cons of investing in the 401k 0:40 - Why people were upset to learn the truth about the 401k & the 401k should not be your sole investment 1:08 - What Ted Benna is the father of the 401k and says the 401k is failing American people 1:48 - The first 401k alternative is the Roth 401k 2:24 - Tax differences between your Traditional 401(k) vs. Roth 401(k) 4:07 - The second 401k alternative is thinking outside of the box - the investment match 5:10 - Instead of a 4...

Like, Comment, and Share my videos! 🔔 SUBSCRIBE HERE 🔔 Become a channel member to get access to great perks: 🌟 🎓 👑 💯 LET’S CONNECT 💯 📷 Instagram @JakeBroe 👉 🐦 Twitter @Broe_Jake 👉 👇 👇 Watch My Other Videos Here 👇 👇 ★ Your 401K is a Waste of Time ★ How to Earn 20% a Year in Your Roth IRA ★ Backdoor Roth IRA - How Does It Work? ★ Have an Old 401k? Should You Rollover to an IRA? ================ What Is a 401(k) Plan? A 401(k) plan is a tax-advantaged, defined-contribution retirement account offered by many employers to their employees. It is named after a section of the U.S. Internal Revenue Code. Workers can make contributions to their 401(k) accounts through automatic payroll withholding, and their employers can match some or all of those contributions. The investment earnings in a t...

Starting in 2024, those aged 50 and older will not be able to make a catch-up contribution to their 401K plan in the amount of $7,500. In 2023, the maximum allowed to a 401K plan is $22,500. If you are 50 and older, you can contribute an additional $7,500 - known as a catch-up. Remember, contributions made to a 401K reduce your wages which are subject to income tax. So this is the benefit that you’ll be missing. Instead, in 2024, those aged 50 and older can make a contribution of up to $7,500 to their Roth IRA. Remember, ROTH IRA accounts grow tax free and you can withdraw the money once you receach a certain age and don’t have to pay taxes on the original contribution or appreciation of those assets. #shorts #IRS #IRSchanges #retirementsavings #401k #financialplanning #retirementplanning #personalfinance #retirementgoals #investmenttips #financialfreedom #retirementstrategy #401kplan #savingsgoals #wealthmanagement #retirementadvice #financialgoals #moneymanagement...

How to make the most of a 401k - Make Retirement Planning Easier Subscribe Now: Schedule Your FREE Retirement Assessment Today Download Our Retirement Toolkit: In this video, we're talking about the 401(k) retirement plan and how you can make the most out of it. Did you know that the average 401(k) balance is only $103,900, while most Americans believe they need $1.25 million to retire comfortably? With over 100 million Americans having access to a defined contribution retirement plan like a 401(k) or 403(b), it's important to know how to make the most out of your retirement plan . In this video, our Founder and CEO Johnathan Rankin will cover five important ways to maximize your 401(k). We discuss the impact of taking a loan from your 401(k) to investing tips to maximize your long-term success. 👍 [SCHEDULE YOUR RETIREMENT ANALYSIS] If you have questions or comments email us Retire@theoremwm.com or head to www.Retireonceshow.com - Johnathan ...

401k Explained! Want to retire with over $1M in your 401k? For anyone that's starting a new job or new to investing or new to 401ks - this is the video for you! I break down the details of what a 401k is, how it works, and what you can do to maximize this tool to earn you the most profit by retirement. You’ve finally entered the workforce with your first real corporate job. But there’s so much to learn, right? You gotta get to know your new boss and your new teammates, learn how to use the company tools & software, even figure out what the best times are – for you to use the office restrooms. And beyond that – you still gotta: · Sign up for your health benefits · Make your insurance elections · And most importantly, learn how to set up and take advantage of your 401k plan. Your 401k, is an essential part of your compensation package – and if you start early enough, it can be an amazing tool to help you save a large amount money towards your retirement. So today, ...

Have you ever wondered what the differences between a Roth IRA and a Traditional 401k are? Well I am here to help. To answer this questions, there is no one size fits all approach for what is better. This is going to depend on the individual. However, hopefully the video helped you to understand what each of these items are and which one is right for you? ROTH IRA: what is a Roth IRA? A Roth IRA is a retirement account that you can contribute 6,000 to and for people over 50, you can contribute 7,000 dollars all of which is after tax contributions. Meaning that you have already paid taxes on the money. This money will continue to grow and come out both tax free. With compound interest the earlier you start here, the better. Pro's of the Roth - Your saving are growing tax free because you have already paid taxes on them. - There is no mandatory age for withdrawals. With a Roth, you can withdrawal your contributions anytime without a penalty. However, if you withdrawal...

I quit my job in December 2021. I completed the 401K rollover to my Traditional IRA and Roth IRA. In this video, I will go over the 3 simple steps to move your money from 401k to IRA. 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨‍🏫 1:1 Financial Coaching 👩‍🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: 📧 Email: hello@firepsychat.com 📖 What’s on my bookshelf? 📖 ➡️ "1,000 Nights: Death's Love Letter to Afghanistan" "The Millionaire Next Door" 📷 Additional FIRE Videos Mentioned In this Video 📷 Mega Backdoor Roth - Our $2.8 mil Fat FIRE Plan - How We save 60% of our Income - How I saved my first $100K - The 10-Step FIRE Checklist - HSA vs FSA - ⏰ Table of Contents ⏰ 0:00 How much I had in my 401K 3:50 3...

MY 401K: This common 401k mistake is robbing your retirement nest egg (fix it now) - If you want your 401k balance to grow watch this video and learn the number one mistake, and how you can improve your 401k savings results with this easy fix. ▶ PERSONAL CAPITAL Award-Winning Personal Finance Tools Click on the link to learn more - ▶ BUSINESS RESOURCES ▶ EMPLOYEE RETENTION TAX CREDIT Your business may qualify for the ERC Tax Credit ERCHelpdesk Makes It Easy Click Here - ▶ PERSONAL FINANCE RESOURCES ▶ GET THE "FINANCIAL FIRST AID KIT" Click Here: ▶ PERSONAL CAPITAL Award-Winning Personal Finance Tools Click on the link to learn more - ▶ RC Bullion Investing in Gold & Silver Learn more about RC Bullion - ▶ GROUNDFLOOR Real Estate Investing For Everyone ▶ FORECLOSURE.COM Find Real Estate Opportunites First Get the best real estate deals first, with one simple search Click on t...

Should you move your money from your 401K to IRA or to a new 401K? Let's go over the pros and cons of 401K and IRA rollovers. Private Group Coaching with Psy ➡️ 🤳 Psy on TikTok, Facebook, Instagram 🤳 ➡️ 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨‍🏫 Free Financial Coaching 👩‍🏫 Schedule a free 20-minute Individual Coaching Session Schedule a free 30-minute Couple's Coaching Session ➡️ 📖 My YouTube Studio & Equipment 📖 ➡️ For sponsorships and business inquiries ➡️ media@firepsychat.com 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan - How We're Saving 70% of Income (2023) - My $1.1 Mil Fat FIRE Progress (Sep 2022) - How to Become an Ordinary Millionaire - How to Start F.I.R.E - The Ultimate F.I.R.E Guide - How to Invest in ...

This video is part of Riiv's Education Series. I talked to Certified Financial Planner Matt Frankel about the difference between a 401k and a pension. The discussion covers not only what's more common today, but why pensions are so hard to come by. Follow Matt's channel @MattFrankelCFP for more great topics like this. Looking for great investment ideas? Visit for ten top stock picks from The Motley Fool. Travis Hoium does not have a position in any company mentioned. A portion of this video is sponsored by The Motley Fool. Visit to get access to my special offer. The Motley Fool Stock Advisor returns are 337% as of 10/21/2022 and measured against the S&P 500 returns of 105% as of 10/21/2022. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.... ( read more ) LEARN MORE ABOUT: 401a Plans REVEALE...

USA residents mostly know about the common tax saving retirement plan BUT lot of Indians and many other resident aliens from other countries working in USA are unaware of this plan OR have misconceptions which prevent them from taking full advantage of this employee benefit plan.. Check with your company HRs about the match limit. It ranges from 3% to 8%. Pls use full benefit and invest as per maximum limit available Watch video 2 for withdrawal process A long term investor should not be worried with short bear markets. Those interested in stock market investing can open trading account with below links: (Indian subscribers can open account from below link with zerodha ) (USA subscribers can open account from below link with robinhood) #401k #401k for h1b #TCS #WIPRO #POLARIS #TECHM #COGNI #INFY #COGNIZANT #INFOSYS #STUDENT #US #IT #MS #401k #retirement #savings #USA... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During I...