Timothy Sumer

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 401k match what I creat

When you enter into retirement, you’re no longer going to have that company paycheck coming in. It’s a new world and one that you have to be emotionally and financially ready for. Without that steady income stream from work, people most commonly rely on income from their investments. Depending on where you’ve been saving, your money will likely come out of an IRA or a 401(k) and those withdrawals will be subject to tax. Based on the amount of debt our country is facing right now, where do you think taxes are going in the future? If tax rates go up in the future, that will effectively lower your retirement income when it comes time to pull money from those accounts. In this video, we’re going to address a question we get all the time by sharing six ways on how to get more tax-free income in your retirement. #retirementplanning #taxfreeretirement #taxplanning Here's what we cover in this financial video: 0:00 – Intro 1:31 – Making Roth contributions 3:07 – Contribut

Roth 401k vs 401k // Roth 401k Explained. There are NO INCOME LIMITS for Roth 401k contributions! With over 70% of employer sponsored 401(k) plans now offerring the Roth 401k provision it is becoming a more and more popular and common employer retirement account to contribute to. In this video I explain how the Roth 401k works and we compare your options of the Roth 401k vs 401k. With taxes being at historically low levels, it may make sense in your situation to forego the pre-tax 401k deduction, pay the taxes now, and let your Roth 401(k) contributions grow tax-free. My wife and I contribute 100% of our contributions into our Roth 401(k) and the employer match is placed into the pre-tax / Traditional 401k (which grows tax deferred). If you're not sure which one to contribute to....this video is for you! WhiteCoat Investor Article: Investment Calculator: ————— Call if you WANT TO ASK ME A QUESTION... ➡️ ————— MY WEBSITE 👨‍💻 ————— Support the channel - ra

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

If you want to save for retirement or financial independence then you should be investing in a retirement account . There's many retirement accounts out there, but in this video I'll break down a 401k vs Roth 401k. I'll also explain the difference between a 401k and Roth IRA, and the order of accounts you should be investing in between a 401k, Roth IRA and taxable brokerage account. At the end I walkthrough how to look at the funds available in your 401k and how to select the best ones. I do this through a Fidelity 401k, but the process in selecting funds is the same no matter the company holding your 401k. 0:00 Video Breakdown 1:19 Traditional 401k vs Roth 401k 4:45 Which one is better 8:10 401k, Roth IRA, Taxable Brokerage Order 10:54 Selecting the best investment in Fidelity 401k ▼ ▽ WATCH NEXT! Vanguard Roth IRA Guide | The Only Stock You Need To Invest In | Stock Market Investing for Beginners Series | ▼ ▽ Below are products I personally use and recomme

Here we discuss why we all pick Target Date Funds and how they compare to other simple allocations using only 2 ETFs or Mutual Funds. This won't hurt your brain. It's as easy as 1, 2. Invest Smarter 00:00 Intro 00:16 So you picked a Target Date Fund 00:28 Target Date Fund Performance 03:18 A healthy risk/return structure 03:40 What this means to you 30 or 40 years from now 06:19 Create your own fund - it's EASY 11:53 Are Target Date Funds bad? 12:32 How you can do this in your 401k 14:19 Easy way to pick two Mutual Funds 17:03 You should have everything you need now 17:22 Please like, subscribe, and hit that notification icon! 17:36 Support the channel on Patreon 18:05 Disclaimer #Vanguard #fidelity #portfolio #financialeducation #retirement #mutualfunds #investing #401k #bitcoin #spy #howtoinvest #bestinvestments #etfs #indexfunds #qqq... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST

Full-length overview of everything you need to know about your 401(k) including the types of 401(k) plans, withdrawal penalties, and even a little history about 401(k) plans. A quick little guide that touches Roth 401k vs Traditional 401k and why the Roth 401k is the better plan for you! If you're interested in learning what is a roth 401k or would like roth 401k explained, check the link above!... ( 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 When it comes to selecting the right retirement savings plan for yourself, there are a number of factors that you need to consider. One of the most important factors to consider when selecting your retirement savings plan is the type of 401(k) investment that you will make - Roth 401(k) or Traditional 401(k)? While both options have their own advantages and disadvantages, in this a

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

Today we'll go over three other accounts that may benefit you more than a 401k! 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. #retirement #retirementplanning #dohstr8 ---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 many Americans get closer to retirement age, there is a growing concern about the state of their finances during their golden years. It is essential to have the right retirement account to have a comfortable retirement. While 401k has been a popular choice, several other retirement accounts can be considered better than a 401k.

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

Traditional IRA vs Roth IRA vs 401k (Which One Makes the MOST MONEY) Retirement accounts can be so confusing to understand but preparing for your retirement is extremely important. Afterall, this is the money you are going to use to live off of once you stop working and once you can finally relax and enjoy your life! This video outlines the 3 main types of retirement accounts that you probably always hear about - traditional IRA, Roth IRA and a 401....once you finish this video you will have a better idea of what these are and you will be better informed to make a decision on what to open up and whats best for you. Disclaimer: This is NOT financial advice and is only meant to be used for educational purposes... ( 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/traditional-ira-vs-roth-ira-vs-4

We'll always be happy to bust this myth! The 401k is a fantastic way to become a millionaire. 💰 . #thecollegeinvestor #401ktips #financialplanning #401kexplained #millionairetips #personalfinance #investmentforbeginners #millionaireadvice #millennialmoney #401kplans... ( 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/youtube-peeps-are-always-trying-to-tell-you-a-401k-cant-make-you-a-millionaire-shorts/?feed_id=58017&_unique_id=63b9e7cf7896d #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #401kexplained #401kfordummies #401khardshipwithdrawal #401kinvesting #401kmillionaire #401kplan #401kvsira #401kvsroth401k #401kvsrothira #401kwithdrawal #investing #ira #personalfinance #Retirement #retirementplanning #ROTH401k #roth401kvs401k #RothIRA #traditional401k #truthabout401k #4

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

⯮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

Do you want to invest in 401(k) but not sure whether to invest in traditional 401(k) or a Roth 401(k), then this video should be helpful. In this video, let me share my understanding of traditional 401(k) vs Roth 401(k), Where should we invest & why, along with how I do it. I would also recommend you to watch following videos first to understand the basics of 401(k) & Roth 401(k) -: 401K Basics -: Roth 401K Basics -: Other videos you should consider watching-: Investing on H1b Visa (playlist) : Buying House on H1b Visa (playlist) : Forget Green Card, Try This -: How I tripled my income on H1b visa --: How I earn $2000 per month in passive income on H1b visa --: H1b Visa holders salary in Tech product companies like Microsoft, Amazon, Google etc -: How I became a millionaire on H1b visa, and how you can too : Regards, Goldy Arora ... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation H

Take a deep dive into the difference between a Traditional vs ROTH 401(k) or IRA. This video gets into the specifics of what you need to know to make an informed decision as well as a detailed example of the tax benefits of both. Take the next step in empowering yourself to have a secure financial future! Enjoy! - LINKS - (When available, we use affiliate links and may earn a commission) COLLEGE SCHOLARSHIP RESOURCES: Debt Free Degree by Anthony ONeal: Ultimate Scholarship Book 2021: FREE Scholarship Prep Bundle: MONEY RESOURCES: Total Money Makeover by Dave Ramsey: Financial Peace University by Dave Ramsey: Chris Hogan R:IQ tool: Everyday Millionaires by Chris Hogan: The Simple Path to Wealth by J L Collins: FREE Money Management Template: PERSONAL DEVELOPMENT RESOURCES: UNSTOPPABLE by Tracy Timm: BUSINESS RESOURCES: VidIQ YouTube Optimization: ConvertKit Email Marketing Solution: - TIMESTAMPS - 00:00 What's the Difference between Traditional and ROTH?

Is it better to contribute to the 401k or Roth 401k? The Roth 401(k) could offer great benefits like tax-free growth & future tax-free income. But which is more tax-efficient for you and your future… In this video I talk about the differences between the 401(k) vs. Roth 401(k) and which may be better for you to save in. Video on Roth Conversions (Good Idea or Bad Idea?): Website: Facebook: LinkedIn: A lot of company sponsored retirement plans offer a 401(k) for you to save in. Does your employer retirement plan also provide you the ability to contribute to a Roth 401k? A Roth 401k could offer some great benefits like tax-free investment growth and future tax-free income. Should you contribute to a 401k or Roth 401k? Your situation may help determine which could be best for you and I’ve provided the following guidance in the video: -How to determine if the Roth 401k is available to you -401k vs Roth 401k explained -How much you can contribute to the Roth 401