Timothy Sumer

💡 AVOID COSTLY ROTH IRA MISTAKES! 💰 🚫 Don't make these common errors with your Roth IRA that could cost you thousands: 1. Missed Contributions: Maximize your contributions every year. 2. Failing to Invest: Put your Roth IRA contributions to work. 3. Early Withdrawals: Don't touch your contributions; let them grow. 4. Taxable Accounts vs. Roth IRA: Understand the tax advantages. 5. Backdoor Roth IRA: Explore this strategy if you exceed income limits. 6. Multiple Roth IRAs: You can contribute to multiple accounts but stay within the annual limit. 🔒 Secure your financial future by avoiding these pitfalls! Your Roth IRA is a powerful tool for retirement. Like, comment with questions, and subscribe for more financial wisdom! 💪🌟 **I'm not a financial advisor; I create these videos for entertainment. The information provided here is solely for informational purposes and should not be considered a...

The Roth IRA and the use of tax diversification can provide a tremendous lift to your financial success and retirement. To use the Roth IRA effectively, we will help you avoid the five biggest mistakes people make with their Roth IRA in this episode of Wise Money. 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: Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affilia...

In this video, we're going to discuss some of the common mistakes people make when setting up a Roth IRA. These mistakes can lead to serious financial consequences, so be sure to watch and learn! If you're thinking about setting up a Roth IRA, then you need to watch this video! We'll discuss some of the most common Roth IRA mistakes and how to avoid them. By following these tips, you'll make sure that your Roth IRA is set up correctly and will protect your money in the event of an emergency! -Check out our new course, Index Fund Pro: -Instagram: -TikTOK: ================== FREE GUIDES: Check out the free guide on where to put your money in what order! Here is the free How to Ask for A Raise ebook! ================== USEFUL RESOURCES: The Year-End Money Checklist The 75-Day Money Challenge Finally, Get That Raise Best Personal Finance Books: ================== ABOUT ME 👇 My mission is to provide my viewers with all the tool...

Today we are going to talk about 7 costly Roth ira mistakes that you need to avoid. These mistakes can cost you thousands of dollars. ABOUT ME 👇 My mission is to provide my viewers with all the tools to build generational wealth. On this channel Andrew Giancola reveals all of his personal finance, money, investing, business strategies, income sources, stock, and real estate investing tips so that you can build more wealth than you ever thought possible. Discover how to increase your income at your job and create multiple passive income streams that work for you, so you have the time and freedom to do what you love. Whether that’s travel, or having freedom from your day job. You will learn how to invest to create wealth in stocks, index funds, real estate, building businesses, and side-hustles. You will learn how to save more money, get a raise, set up simple budgets, build habits, personal growth, and money hacks that will take you to the next level with you...