Timothy Sumer

What Is The Best Option For College Savings? Get a FREE customized plan for your money. It only takes 3 minutes! Visit the Dave Ramsey store today for resources to help you take control of your money! Become a Channel Member today: Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more! Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country! Ramsey Network (Subscribe Now!) • The Ramsey Show (Highlights): • The Ramsey Show (Full Episodes): • The Dr. John Delony Show: • The Rachel Cr

In this video, I'm going to go over exactly what a 529 College Savings Plan is and walk you through the different key factors you should be looking for when you're considering opening one up. Simply defined, a 529 is a state sponsored tax advantaged education savings plan designed to be used for qualifying educational expenses, including school tuition, room & board fees, books & supplies and even college meal plans. The first 529 plan was founded at the Michigan Education trust in 1986 as a College Tuition Savings plan, but over the years as more and more 529s began to emerge, the definition has grown to cover more types of educational expenses - and most recently in 2019, this investment vehicle's scope expanded to include K-12 private school tuition as well as registered vocational and trade school tuition, - like culinary institutes, cosmetology academies and film schools. 529 School Look Up Tool: ✔️✔️✔️✔️✔️✔️✔️✔️ Don't forget to LIKE &

Are 529's Really the Best Way to Save for College? Say goodbye to debt forever. Start Ramsey+ for free: Visit the Dave Ramsey store today for resources to help you take control of your money! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more! Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country! Ramsey Network (Subscribe Now!) • The Ramsey Show (Highlights): • The Ramsey Show (Full Episodes): • The Dr. John Delony Show: • The Rachel Cruze Show: • Anthony ONeal: • The Ken C

What Should My Ratio of Stocks to Bonds be Right Now? Say goodbye to debt forever. Start Ramsey+ for free: Visit the Dave Ramsey store today for resources to help you take control of your money! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more! Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country! Ramsey Network (Subscribe Now!) • The Ramsey Show (Highlights): • The Ramsey Show (Full Episodes): • The Dr. John Delony Show: • The Rachel Cruze Show: • Anthony ONeal: • The Ken Co

A GREAT development with 529 plans may change your decisions on how to save for college. MORE CLARK.COM CONTENT YOU MAY LIKE: ► clark.com/personal-finance-credit/investing-retirement/529-plan/ ► clark.com/employment-military/high-paying-jobs-no-degree/ ► clark.com/education/9-ways-to-pay-for-college-without-student-loans/ Clark.com: Advice You Can Trust: SUBSCRIBE ► NEWSLETTER ► Follow Us for More Money Tips: Website ► Podcast ► Twitter ► Clark Howard Instagram ► Clark Howard Facebook ► Clark Deals Facebook ► Clark Deals Instagram ► For the very best deals and money-saving shopping tips ► www.clarkdeals.com Need Consumer Advice? Need advice? The Consumer Action Center is a free community resource for advice on money and consumer issues. Call 636-49C-LARK (636-492-5275) and a member of Team Clark will assist you as soon as possible. The Consumer Action Center is available Monday-Friday from 10 a.m. to 4 p.m. ET. If you found this video valuable, give it a like. I

In this video, we will go over the most optimal or efficient way that you should invest your money for US citizens. This is based on investment vehicles available in the US. Hey everyone! Ivan here from the Vanilla Investor. If you enjoyed the video, be sure to like and subscribe! It really helps out the channel a ton, and don’t forget to leave any comments that you have down below! Thank you so much for your support! ►Subscribe!!! ►Support me on Patreon RECOMMENDED PLAYLIST: ►Everything FROM how many stocks to have TO the optimal order for investing ►Everything FROM debt repayment strategy TO passive income scams For business inquiries, you can reach me at generalenquiry.ig@gmail.com Disclaimer: None of this is meant to be construed as investment advice, it's for entertainment purposes only. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, we may earn a commission if you click through and make a purchase.

On episode 77 of Ask The Compound, Ben Carlson and Duncan Hill are joined by RWM Advisor and CFP Ross Cohen to discuss retirement goal setting, when to spend and when to save, finding the highest yield, and much more! Submit your Ask The Compound questions to askthecompoundshow@gmail.com! Thanks to Birddogs for sponsoring this episode! Enter promo code "ATC" and get a free Yeti style tumbler with every order: ►00:00 - Intro ►01:53 - Retirement Goal Setting ►6:00 - Lifestyle Spending vs Saving ►11:53 - Finding the Highest Yield ►16:23 - Investing for your Kids ►21:20 - Tax Planning 👕 Check out The Compound shop: 🎙️ Listen to our podcasts: The Compound and Friends: Animal Spirits: Ask The Compound: Talk with us about your portfolio or financial plan here: Check out Ritholtz Wealth's automated investing platform, Liftoff: Instagram: Twitter: Tik Tok: Facebook: Investing involves the risk of loss. This podcast is for informatio

This episode Dr. Dahle covers a variety of your questions. We talk about when it is worth passing cash through a 529 account and if you should use 529s to fund K-12 educations. We talk about how interest on iBonds works and go into why TIPs have been performing pretty poorly as of late. We dive into the tax implications for S Corps and talk about why it is not a great idea to purchase ETFs after hours. See the full show notes here: Today’s episode is brought to us by SoFi, the folks who help you get your money right. They’ve got exclusive rates and offers to help medical professionals like you when it comes to refinancing your student loans—and that could end up saving you thousands of dollars. Still in residency? SoFi offers low-interest rates and the ability to whittle down your payments to just $100 a month* while you’re still in school. Already out of residency? SoFi’s got you covered there too, with great rates that could help you save money and get on the road to fina

A lot of us with full time jobs in healthcare or other professional fields end up having income taxes take up the biggest chunk of our expenses, because of the higher salary. In this video I go through all the tax strategies for high income earners that I've learned since graduating. Links: My Airbnb Calculator (Free!) - Airbnb hosting ($40 bonus, with me as your ambassador) - These people have some useful content on taxes (not affiliated with them / they have no idea who i am and they didn't endorse this, just sharing a resource I found helpful) @TheRealEstateCPA @ochowealth Business credit cards: American Express Blue Business Cash ($500 cash bonus, 0% APR 12 months, and 2% cash back on spend) Chase Ink Unlimited (cash bonus of $750, 0% APR 12 months, and 1.5% cash back on spend) - ------------- Table of contents: 0:00 Intro 1:00 Level 1 7:06 Level 2 9:48 Level 3 20:08 Caveats --------------- Gear: Canon DSLR Wide angle lens Elgato Ring light Rode

It's apparent that many Americans lack financial literacy as adults. And that's not necessarily a fault of their own–they just haven't been taught! For those of you with kids of your own, it's your responsibility to make sure they know how to manage their money when it's time for them to fly the coop. Here are some ways you can start them early! Host: Nic Daniels BFA™, Financial Advisor The Real Money Pros ————————————————————— SPONSORS: Academy Mortgage Lively (HSAs and FSAs) Tree City Advisors of Apollon ————————————————————— Chapters: 00:00 - Intro 00:37 - 529 Plan 02:55 - Custodial Account (UTMA/UGMA) 04:14 - Minor Roth IRA 05:46 - Outro —————————————————————... ( 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 As parents, teaching our children about money management is one of the most important tasks in ensurin

With the passing of the Secure Act 2.0, starting in 2024, owners of 529 accounts will now have the ability to transfer up to $35,000 from their 529 college savings account directly to a Roth IRA for the beneficiary of the account. While on the surface, this would just seem like a fantastic new option for parents that have money leftover in 529 accounts for their children, it is potentially much more than that. In creating this new rule, the IRS may have inadvertently opened up a new way for high-income earners to move up to $35,000 into a Roth IRA, creating a new “backdoor Roth IRA contribution” strategy for high-income earners and their family members. Full Article With Additional Info: Contact Michael Ruger with Questions: 518-477-6686 or mruger@greenbushfinancial.com Visit our website: Subscribe to our channel for more financial planning tips: #529 #rothira #taxstrategy #greenbushfinancial... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA T

There's a retirement crisis in America. That's one thing both sides agree on. Changes were made to the Secure Act, called SECURE ACT 2.0 that are aimed at strengthening the retirement system. Here's a look at some of the key changes, and what they mean to you. This video is for educational purposes only and is not to be taken as specific tax or financial advice. Please go to www.leynanguyen.net/money to schedule a free consultation to look at your specific situation.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The retirement system in the United States is in trouble. Social Security is running out of money and many Americans are not saving enough for retirement. This is a serious problem, and one that needs to be addressed. The good news is that there are steps you can take to help yourself. The first step is to start savin

SECURE 2.0 / Changes to 401K, IRA and 529 are explained in detail. 00:00 Intro 00:26 Required Minimum Distribution (RMD) 02:27 RMD Penalty 02:59 RMD for Roth 401K 03:18 Catch-up contribution 05:35 Backdoor Roth / Mega Backdoor Roth 05:49 529 Changes References: Other Related Episodes: Why HSA is better than 401K?: Tax Loss Harvesting: LinkedIn: Twitter: Web: #VijayMohan #InvestmentInsights #InvestmentInsightsEnglish #SECURE2.0 #taxPlanning DISCLAIMER: The content of this video is my own opinions and is for information purposes only. It is not intended as a substitute for professional financial advice. It is only intended to provide education about investments.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The new SECURE 2.0 Act has been signed into law, bringing with it a number of changes to 401K, IRA and 529 plans. The change

September is College Savings month and so I wanted to highlight a couple of options available for saving for college: the 529 plan and the Roth IRA account. Both provide similar tax benefits towards college savings: after-tax contributions, tax-free growth and (potentially) tax-free withdrawals. The devil is in the details, so let’s take a look at each account. The 529 offers the most flexibility in terms of savings, but the least in terms of usage. You can contribute quite large amount each year ($15k per year) and you can also pre-fund it with 5 years worth of contributions all at once. You can withdraw the money at any time for qualified education expenses, including $10k / year for K-12. The Roth IRA on the other hand has very tight limits on contributions per year ($6k in 2019) and also income limits: if you are a high-earner, you are phased out from contributing directly to a Roth IRA. However, once you reach age 59 ½ and have had the account for 5 years, you can with