Timothy Sumer

Welcome to Talk 2 See! In this video, Barney explains the differences between a Roth and a 401k accounts and how you can use them to easily become a millionaire. Subscribe! Follow us on Instagram (@Talk2See): Follow us on Twitter (@Talk2See): Follow us on TikTok (@Talk2See): If you want to jump around: 00:00-00:21 Intro 00:21-1:11 401k 1:11-1:50 Roth IRA 1:50-2:34 Main Differences 2:34-3:28 How to Become a Millionaire! 3:28-4:08 Final Advice... ( 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 Becoming a millionaire is a dream shared by many people. However, it is not an easy task, and one must be committed and focused on the goal. The good news is that with the right financial planning, anyone can achieve this goal. In this article, we will explore how to become a millionaire with a ROTH IRA and a 401k account . First, let's unde

With the CARES Act you are allowed to defer 401k loan payments for a period of 1 year. Today we will look at why it is ok to defer this over something like a student loan if you can afford to begin payments on your student loan. 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 ) 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 As we all know, a 401k is a retirement savings plan that is offered by employers to their employees. It provides employees with an opportunity to save for retirement by contributing a portion of their salary before tax. However, s

So, what is a Traditional IRA? We've heard the term thrown around but in this video we dive into the details of what it actually is! Pounding your investments as often as you can is the name of the game. ---- Checkout my Get Out of Debt Like a Maniac Course: Use Promo Code: "TheNNShow30" for 30% Off the Get Out of Debt Like a Maniac Course! Shop Merch and All My Equipment (Books, Cameras, Mics, etc.) Here: My Set Up (Affiliate Links): Camera: Microphone: Microphone Accessories: SD Card: Everything in one place: About Nickolas Natali: After living in a car for two years I’ve gotten keen on listening to and telling good stories. My channel is full of vlogs of the Burb Life, my travels abroad, and big life events of my friends and myself. The future of the channel looks bright with a forecast of comedy commentary and sketches. I upload every Monday, Wednesday, & Friday at 5PM and release a new episode of my life strategies podcast ‘The Nicko

As you plan for the future, it’s important to pick the best retirement plan for a self-employed business owner. This video compares several choices and then focuses on a Solo 401(k) vs. SEP IRA. The reason for that is that accountants have traditionally suggested SEPs, but a SoloK might offer more functionality. That said, you can keep things simple if your plan to save a relatively small amount each year. An IRA might be all you need, but be mindful of the ability to deduct contributions or your eligibility for Roth contributions. 🌞 Subscribe to this channel (it's free): SEPs and Solo 401(k) plans both allow for employer contributions. The amount is similar, but things diverge quickly from there. A SoloK also allows for catch-up contributions and salary deferral contributions, which can increase your savings significantly each year. Get free retirement planning resources: 🔑 9 Keys to retirement planning 🐢 6 Safest Investments Plus, if you’re looking to maximi

What is a reverse rollover, and why might you roll an IRA into a 401(k) or 403(b) account? The term refers to moving money in a way that’s different from what happens most frequently. At some point, people often move money out of their workplace retirement plans—and into an IRA that they control. There are pros and cons of doing that, and of course, you want to review your options carefully before making any moves. 🌞 Subscribe to this channel (it's free): But there may be good reasons for moving money in the opposite direction: From an IRA to your 401(k) or similar plan. When you do that, you can potentially eliminate pre-tax IRA balances, which could help you manage RMDs (by postponing them, at least) or do backdoor Roth conversions. Get free retirement planning resources: 🔑 9 Keys to retirement planning 🐢 6 Safest Investments There may be other reasons for reverse rollovers, as well. For instance, maybe you’re going to leave a job after age 55 but before a

The ability to get cash from your retirement plan is a major benefit of the Solo 401k. On this training, we discussed taking a participant loan. Topics covered: - What is a participant loan? - How does it work? - Who sets the interest rate? - What are the loan repayment terms? - What happens if I make payments late? - Can I have more than one loan out at a time - How to take a participant loan from your Nabers Group Solo 401k - ...and more Interested in seeing how a participant loan can work for you? Contact the Solo 401k Experts today at ... ( 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 https://inflationprotection.org/solo-401k-participant-loan-webinar/?feed_id=65059&_unique_id=63d4fa545feb7 #Inflation #Retirement #GoldIRA #Wealth #Investing #401kloan #bitcoinira #checkbook401k #CheckbookIRA #individual401k #in

Early 401k Distribution Without Penalty #shorts #retirement #financialfreedom Full Video Here: How To Take Early 401k Withdrawal Without Penalty || DON'T Rollover Your 401k || 401k Rule 55 Click Here For More retirement planning Videos: In this video, I want to talk about the Rule of 55 for 401k's and why if you are thinking about retiring early you should NOT rollover your 401k. The Rule of 55 is an IRS guideline that allow individuals in retirement to pull out retirement income from their old 401k without paying the 10% penalty for early withdrawals. This rule applies to 401k's and 403b's. The rule applies whether you are let go from work or you decide to retire. Why does the 401k rule of 55 matter? Because in today's world of FIRE movements and individuals wanting to retire at 55, the 401k rule of 55 gives retirees a way to get retirement income without paying a 10% penalty from qualified retirement assets. Remember, you are not allowed to

Preparing for retirement begins around age 18 and it continues up until your '60s. There are many options to choose from when it comes to saving your money, so we decided to make a series of videos exploring those options. In this first video, we are going to discuss employer sponsored retirement plans like the 401k, 403b, and the 457 plan. We make videos like this to help everyone like us save money or take advantage of any existing opportunities out there to gain Financial Freedom. For more videos like this, please like, share, subscribe, and hit that bell to get notified of our latest videos. Disclaimer: All we talk about or review in this channel is just our opinion. We are not financial advisers. For seeking a professional financial advice talk to licensed professionals. #retirement #retirementoptions #401k #403b #457 #employersponsoredretirementplan... ( read more ) LEARN MORE ABOUT: Retirement Planning REVEALED: Best Investment During Inflation H

Owner-only businesses can start a 401(k) called a Solo 401(k) or Individual 401(k) plan. You receive hight contribution limits, Roth option, and penalty-free access to funds via a 401(k) loan in an emergency.... ( 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 https://inflationprotection.org/solo-401k-plans-many-benefits/?feed_id=55098&_unique_id=63aeae7925164 #Inflation #Retirement #GoldIRA #Wealth #Investing #401kloan #individual401k #Roth401k #solo401k #401k #401kloan #individual401k #Roth401k #solo401k

In case you didn't know, in response to the COVID-19 crisis the CARES Act was passed that made some temporary changes to retirement plans and as a result Huge Benefits For IRA/401(k)/403(b)/457 Plan Withdrawals and Loans! If you are unemployed or furloughed this is going to help you out tremendously and could help you survive financially. I did make a mistake in the video regarding how long you have to pay back the 401(k) loans. You only have 3 years to pay them back!... ( read more ) LEARN MORE ABOUT: Retirement Planning REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/cares-act-huge-benefits-for-ira-401k-withdrawals-and-loans-for-unemployed-or-furloughed/?feed_id=54657&_unique_id=63ace9068f7a7 #Inflation #Retirement #GoldIRA #Wealth #Investing #401kcares #401kloan #401krules #401kwithdrawal #401kwithdrawals #403b #403bw

⯮Join Medium with my referral link - 1 Minute Wealth: Are you trying to decide between a Roth IRA and a 401K for your retirement savings? In this one minute video, we'll quickly break down the key differences between these two options to help you make an informed decision. First, let's start with Roth IRAs. These accounts allow you to contribute after-tax money and make tax-free withdrawals in retirement. They also have lower contribution limits and income restrictions compared to 401Ks. On the other hand, 401Ks are employer-sponsored accounts that offer employer matching contributions and higher contribution limits. However, contributions to a 401K are made with pre-tax money, and withdrawals in retirement are taxed as ordinary income. So, which one is right for you? It ultimately depends on your financial goals and circumstances. Consider factors like your current tax rate, income level, and whether you have an employer matching program. By understanding the k

How to get a Walmart 401k loan with Merrill Lynch, 401k details, Processing Time, Hardship Withdrawal, Walmart allows its associates to receive a 401k loan up to 50% of the vested amount up to $50,000. You must have a balance of $2,000 in your 401k account , because the minimum loan amount is $1,000. To check your balance go to Benefits.ml.com To monitor your 401k & Stock Benefits visit: With the 401k loan there is no tax penalty, and you can choose to pay over time up to 130 payments. The loan processing time is about 4 days, depending on how you choose to receive your payment. Payment Mail Options: 1. Check via Standard Mail 2. Check via Overnight Priority 3. Check via Overnight Saturday 4. Check via Overnight International Once you sign the promissory note the loan processing takes about 4 business days. With the Merrill Lynch Walmart 401k Hardship Withdrawal you will be taxed, about 10%, and during tax time there will be another tax of 10%. You can onl

Walmart Employee CRD, 401K Loan with Merrill Lynch, Hardship Withdrawal, Receive Check or Direct Deposit, How to get Emergency Funds From retirement account , Cares Act 2020, up to $100,000, Ends Dec 30 Walmart 401k retirement plan allows its Associates to save now and make investments in their future. Walmart Recently added the Roth 401k to their employees retirement account options. The world is currently facing a global pandemic. Many lives have been changed forever, and there are many people who are in dire need of funds to survive. Walmart's 401k Plan has an attribute in it that allows its workers to tap into their Retirement accounts if they ever experienced hardships. Normally an employee would choose between a 401k Hardship withdrawal ( If they met specific criteria) or a 401k Loan (Once they reached $2,000 and the loan would be up to $50,000). However the government passed a stimulus package called the Cares Act 2020 which has created many changes. Car

The thought of that much interest going to a mortgage company, why not take a 401(k) loan to buy the house…then the interest you’ll be paying to yourself instead of to a bank. Sounds enticing right? Well, it may not be something you want to do. Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment! Want to speak with a Certified Financial Planner™? Visit or call 574-247-5898. Find more information about the Wise Money Show™ at Be sure to stay up to date by following us! Facebook - ​ Instagram - Twitter - ​ Want more Wise Money™? Read our blog! ​ Listen on Podcast: ​ Subscribe on YouTube: Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal

HOW TO GET A WALMART 401K HARDSHIP WITHDRAWAL & IRS TAX RULES WITH MERRILL LYNCH, CRD DISTRIBUTIONS AVAILABLE ON OR AFTER APRIL 20, 2020 A Walmart 401 Hardship Withdrawal allows workers to access retirement funds when they are going through difficult times. You must meet certain qualifications to qualify for the hardship withdrawal. If you are affected by Covid 19 new laws may allow you to receive a distribution from your account. April 2020 Update Cares Act CARES Act Coronavirus Related Distribution (CRD) distributions will be available online on or after April 20, and will be processed daily. Phone-based requests may take up to 10 days to process. If your plan adopts the CARES Act CRD provision and you meet the eligibility requirements, a CRD allows you to withdraw 100% of your vested account balance up to $100,000 and will not be subject to the additional 10% federal tax assessed if under age 59 ½ or the normal 20% tax withholding. This option is available up until

Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Account: Learn More: Subscribe to our channel for weekly educational webinars: For over

Traditional Vs ROTH IRA Vs 401K - Which Should YOU Choose? The difference between a Roth IRA vs Traditional IRA confused a lot of people, but in this video, I explain what is IRA account, whether you should open a Traditional vs Roth IRA, what is Roth IRA and how does it work, IRA explained, and all about retirement accounts and investing for beginners. After a comparison of Roth IRA vs Traditional IRA, I also explain what is a 401k plan , and how the IRA and 401K work together to help you invest your way to financial freedom. Passive investing and growth investing goes hand in hand. If you want to make passive income and start your way to your financial goals, then you have to figure out which investment vehicle is right for you! So many different options, but which one should you choose?ach person is different and in order to make the most out of your money, you need to understand the concept of knowing your financial goals. The purpose of our channel is to provide simpl