Today we're talking about one negative reason to max out your 401k. While no one can argue about one that wants to aggressively save for retirement, we do want to consider the tax consequences along with other investment options. Today, we'll go through an example of how your social security benefits could be partially taxed when trying to live on $50,000 a year in retirement as well as show some alternative withdrawal strategies using Roth IRA's or Roth 401k's. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( read more )
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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 :)