Timothy Sumer

In this video, Colin Exelby, CFP® will discuss the pros and cons of an In-Service 401(k) Rollover while shedding light on a valuable strategy for individuals who may not have changed jobs but are seeking greater control over their retirement savings.. Consolidating 401(k) accounts with an In-Service Rollover into a single IRA can simplify your financial life, making it easier to manage and track your retirement savings. It can be a powerful tool for increasing control over your retirement savings, but it's important to understand the advantages and disadvantages before deciding if it's right for you. ★☆★ 401k Loans Explained (You Should Take them More Often Than You May Think) ★☆★ ★☆★ Free 401(k) Rollover Checklist ★☆★ #1: ★☆★ Rocket Money (originally called as TrueBill) ★☆★ #2: ★☆★Personal Capital ★☆★ OTHER RESOURCES ★☆★ Financial Freedom 2023: How to Create a Tax-Free Retirement Income ★☆★ ★☆★ How to Create a 💯 % Tax-Free Retirement ...

Does it make the most sense for your situation to do a standard rollover when you retire or could you benefit from a 'reverse rollover'? Either with a 401k, 403b, or TSP, a reverse rollover can be a powerful option for some retirees. You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to Many retirees are quite familiar with a normal 401k to IRA rollover. This will be the most common type of rollover most individuals will use. But this doesn't mean it's the best option for EVERYONE. Did you know there are benefits to reversing this process and doing reverse rollover (IRA to 401k rollover, IRA to 403b rollover, or IRA to TSP rollover)? What are some of these benefits? 0:00 What is a Reverse Rollover? 0:51 Reason #1 - Early Access 2:28 Reason #2 - Backdoor Roth IRA 4:25 Reason #3 - RMD Exemption 5:46 Reason #4 - Creditor Protection 6:28 Reason #...

Should I endorse my 401k rollover check? If you get a 401k rollover check in the mail from your old 401k plan , do not endorse it. Watch to find out why. #shorts #401krollover #rollover #ira... ( 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 When it comes to managing your retirement savings, it's important to make informed decisions that will benefit your financial future. One such decision that often arises is whether to endorse a 401k rollover check. While it may seem tempting to have a lump sum of money in your hands, endorsing a 401k rollover check is generally not the best choice for your long-term financial goals. A 401k rollover occurs when you leave a job and choose to transfer the funds from your employer-sponsored retirement plan into another qualified retirement account , such as an IRA (Individual retirement account )....

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...

Navigating a 401k rollover from a previous employer can be complex. In this video, we explore the critical timelines and options for those who have and have not received a distribution. Whether you're considering leaving your 401k with your ex-employer or rolling it over to an IRA or new employer's plan, we break down the choices and potential pitfalls. Watch to learn more about this essential aspect of retirement planning . Schedule a phone or video appointment: Subscribe to our channel: for fresh content regularly on the topics of • retirement planning •INVESTMENT MANAGEMENT, and •LONG-TERM WEALTH MANAGEMENT Email (Clark): clark@clarkatterbury.com Email (Keeley): keeley@clarkatterbury.com Web: https//www.clarkatterbury.com Connect with us on social media: Facebook: LinkedIn: Representatives are registered with and offer only securities and advisory services through PlanMember Securities Corporation, a registered broker/dealer, investment adviso...

5 Ways to Quickly Catch Up on 401(k) Savings over Age 40 In this video I am talking about 5 Ways to Quickly Catch up on 401(k) Savings over Age 40. Hi everyone, it's Matthew Jackson here from 401(k) Maneuver. We provide online professional account management with the goal of supercharging your 401k performance. Stop leaving money on the table each and every year in the form of lost returns. Let us help you! Subscribe to our channel: Click here to book a complimentary 15-minute 401k Strategy Session with us: Visit our site: Click to Enroll Today here: If you’re wanting to catch up on 401(k) savings and are over the age of 40, it may seem overwhelming when you think about how you’re going to do it. Just follow these 5 steps below to quickly catch up on 401(k) savings over age 40, and you’ll be shocked at how much you can save in the years to come. #1 Get a retirement plan in Place ASAP If you don’t have a plan for how much you’ll need for retirement, you need o...

In this video I explain the process of a 401k rollover to IRA. It isn't difficult, it just might be new to you. Take your time, take some notes, do sufficient research, and execute. The whole process shouldn't take more than 3-4 weeks between the time of initiating the rollover to the funds being settled into your Traditional IRA and ready for you to invest. However, if you're able to get the funds wired/transferred over instead of the old, snail mail style then it will be faster. Investopedia 401k rollover: IRS rollover info: Hope you found a nugget or two in this one. Cheers! ————— Support the channel - random referral links: ➡️ BLENDERS SUNGLASSES: Get $20 off your order of $50 or more: ➡️ Nice & affordable WATCH STRAPS from StrapsCo: ➡️ My MAGNETIC COLLAR STAYS on Amazon: ➡️ MEDICAL STUDENT LOAN REFINANCE WITH SoFi If you’re interested in lowering your student loan payments, SoFi just announced s...

You might not need to roll over your 401(k) into an IRA, but it might make sense Investment companies and professionals are going to try and make it seem that rolling over your 401(k) into an IRA is urgent. This mostly has to do with the fees they earn by getting you to switch. They are incentivized to get you to think it is urgent. I care about what is right for you, and you should too! You can always rollover at a future time. If your balance is more than $5,000, you a legally entitled to keep your 401(k) where it was at your old job. When you have $5,000 or less, your former employer can involuntarily remove you for their 401(k) plan without your permission. Here is the important part: Most 401(k) plans offer few investment options, maybe two or three dozen at most, most will be mutual funds. If you roll that 401(k) into an IRA, there will be thousands of choices including more than just mutual funds like ETFs, individual stocks and bonds, and certificates of deposit. I ...

Have You Always Known What To With Your 401K When You Leave Your Job? Here's A Few Tips On What You Should Do...….. To learn more about strengthening your financial house, check out our FREE intro course here: ► Where to Follow Us Online: Instagram: & Facebook: Twitter: & Website: Our Book: Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and… ► Subscribe to Our Channel Here Martin and Chelsea Matthews are authors, public speakers and Financial Literacy advocates leading a team of professionals with clients in 47 states. With over 21 years combined in the financial industry as award-winning financial professionals, they focus on helping clients build an Unbreakable Financial House. Their book “Let’s Fight About Money” helps couples communicate about money and handle conflicts. They’ve hosted the Love&Money Show on the Wooditch Network; a financial, personal development and entrepreneurshi...

One way we help our customers is teaching them new tips and tricks that are usually left for the wealthy and their high paid advisors. Today we share one of those tips with you. It's called the in plan 401k conversion 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: www.JazzWealth.com --- 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 A 401k in plan conversion is a process through which you can convert your traditional 401k savings into a Roth 401k account within the same plan. This conversion process allows you to take advantage of the t...

Did you know that there are 28 million forgotten 401k accounts out there…and more than $1.5 TRILLION in forgotten 401k assets?? If you’re wondering, “What to do with 401k if I leave my job” or “What should I do with an old 401k?” then this is the video for you! In it, I’m explaining… - 401k rollover options -what is a rollover IRA -401k to IRA rollover -how to roll over 401k Basically, everything you need to know about a 401k rollover to IRA is in this video! So, hit play and start retirement planning with confidence! ----- MENTIONED IN THE VIDEO: What retirement accounts can be rolled over and into what accounts: Want to roll over your old 401k? Use Capitalize! 👉 👉 Want to build wealth? Watch our Think Like an Investor masterclass: ---- RELATED VIDEOS: Your Tell-All Guide to Saving for Retirement: Everything you need to know about IRAs: 45+ and have NOTHING saved for retirement? WATCH THIS: COME SAY HI! Facebook: Instagram: Join our C...

You don't get to keep all the money in your 401(k), traditional IRAs or other qualified retirement plans because you still have to pay taxes on it. Yet there are several ways to minimize taxes as you pull money out of your retirement accounts. This video will cover a few distribution strategies that will lower the bill you have to pay to the IRS from your distribution 🔴 SUBSCRIBE for more FREE tips: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝BECOME OUR CLIENT: It only takes 2 steps ➡️ 1. Watch our free (60min) Masterclass to learn how we help clients maximize ALL of their Income sources. 2. Once you watch the video you will be prompted to apply to become our client. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📲CONNECT WITH US ON SOCIAL MEDIA: Facebook ➡️ LinkedIn ➡️ linkedin.com/in/carson-graves-22103413/ Website ➡️ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ DISCLAIMER **Insurance products and services are offered through Carson Grav...

Financial Advisor in Cherry Creek - Are you looking for a trusted Financial Advisor in Cherry Creek? Is it important for you to get the right details about your Transamerica 401k Rollover? Do you want to get info about 401k Rollover Options? If you are looking to find the best Cherry Creek Colorado Financial Advisor - you are off to a good start... When searching for the best expert info about Financial Advisors – Cherry Creek - you will find plenty of tips and useful information here that I can share with you. You are probably searching and trying to find more details and useful info about: - Financial Advisor in Cherry Creek - Transamerica 401k Rollover - 401k Rollover Options - Cherry Creek retirement planning - Financial Advisor Services Cherry Creek My name is Eric Jenson and I’m #1 in the nation at Transamerica Financial Advisors for assets placed on our wealth management platforms (as of Aug 2019). I’ve been guiding people through their 401k rollover proc...

Are you leaving your job and are wondering what to do with your 401K/ retirement plan ? Well in this video I break down 4 options for you to do with your 401K!   💰LOOKING TO ROLLOVER YOUR 401k INTO AN IRA? CHECK OUT CAPITALIZE!💰 🌟 🎬 WATCH THESE VIDEOS NEXT! 🎬 🌟 Mutual Funds - 🌟 Mutual Funds vs Index Funds vs ETFs -   📕 BOOKS AND GEAR I RECOMMEND 📕 🌟This is my favorite Personal Finance book: 🌟Listen to this book for FREE when you sign up for a free trial of Audible:   📲 FOLLOW ME! 📲 ⭐️Facebook: ⭐️Instagram: ⭐️Tiktok:   ⏰ TIME STAMPS ⏰ 00:00 – Intro 00:42 – 401K Balances and Options 01:31 – Option #1: Rollover Your 401K to Your New Employer's 401K 02:24 – Option #2: Rollover Your 401K to an Individual retirement account (IRA) 03:16 – Option #3: Cash Out Your 401K (Not Recommended) 04:09 – Option #4: Leaving ...