Timothy Sumer

SaveBetter No-Penalty CD (2.55% APY): Today we respond to a viewer's question about bank certificates of deposit versus brokered CDs. Here is the viewer's question: "I'd like to move some [money] to a CD - and don't understand the difference in buying a CD through my brokerage (Fidelity) - which is showing products with high rates or buying directly through a bank like the SallieMae Save Better listed in the newsletter? I feel confident in Fidelity and I'm not sure about an online bank I've not done business with/can trust?" It's a great question, In the video, I cover traditional bank CDs, no-penalty CDs, brokered CDs and short-term (1 year or less) Treasuries. Join the newsletter: ———————————— Video Resources ———————————— SaveBetter No-Penalty CD (2.55% APY): Fidelity Brokered CDs: Fidelity Treasury Bonds: ———————————— Investing Tools ———————————— My Book (Retire Before Mom and Dad): Personal Capital (Investment Tracking...

If you have money in certain qualified-retirement vehicles, including (but not limited to) 401(k)s, 403(b)s, 457(b)s, Traditional Individual Retirement Accounts / Annuities (IRAs), then -- beginning at age 70 1/2 -- you will need to consider the Internal Revenue Service's (IRS) rules concerning the so-called Required-Minimum Distribution (RMD). I have gone into the basics of the RMD, elswhere. For an overview, see: For a summary of the steps involved in taking your RMD, see: On taking distributions in general, consult: Some people don't mind the RMD, for example, if they are already taking distributions or if they need the RMD to cover expenses. However, some people find themselves in the position of having to take an RMD when they don't actually need the money. If you're in that position, realize that you have several options. Some of them include the following. (1) You can take a distribution and then give it to a person or organizati...

Bonds are conservative financial instruments used for saving money and earning interest, and are used by municipalities to raise money from their tax payers. Learn more about bonds, their different ratings and how each earns interest with tips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC... ( read more ) LEARN MORE ABOUT: Treasury Inflation Protected Securities REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Finance: Bonds When it comes to investing, bonds are a popular option among investors due to their relatively lower risk and consistent returns. Bonds are essentially d...

Learn about the risks and benefits of bank or brokered certificates of deposit (CDs) and how these short-term investments can potentially earn investors interest on their money. Subscribe: TD Ameritrade is where smart investors get smarter. We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know. Connect with TD Ameritrade: Facebook: Twitter: Open an account with TD Ameritrade: TD Ameritrade, Inc. is a subsidiary of The Charles Schwab Corporation. #tdameritrade #investing #saving... ( 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 Investing in Certificates of Deposit: A Secure and Reliable Option When it comes to investing your hard-earned money, the choices can be overwhelming. From stocks and real estate to bonds and mutual funds, there are num...

The financial benefits of a traditional IRA include saving for retirement without the money being taxed and give retirees an extra cushion along with Social Security. Start a traditional IRA to be financially comfortable for retirement with tips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA Finance & Investment Tips: Benefits of Traditional IRA Planning for retirement is one of the most important things you can do for your financial future. Individual Retirement Accounts (IRAs) are a popu...

IRA transfer vs 60 day rollover Getting this right will save you from having to deal with an extra tax form. If done properly this can be simple and easy and give you flexibility as you move your IRA as often as you #ira #rollover #retirement... ( 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 retirement savings, there are two main options for transferring funds from one account to another: an IRA transfer and a 60-day rollover. Both options can be used to move money from one retirement account to another, but they each have their own advantages and disadvantages. Understanding the differences between an IRA transfer and a 60-day rollover can help you make the best decision for your retirement savings. An IRA transfer is the process of transferring funds from one IRA to another. This type of transfer is typically done when a...

The main difference between a SEP IRA and a traditional IRA is a Self Employed Pension is designed as a financial retirement plan for those who one their own business, while traditional IRA's are designed for company employees. Understand how both retirement plans work for each sector of business with tips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/finance-investment-tips-sep-ira-vs-traditional-ira/?feed_id=43359&_unique_id=6381720414c82 #Infl...

Adding money to a traditional IRA is often an automatic payroll deduction process, but can be done with irregular financial contributions. Increase the value of an IRA, but avoid going over the limit of what can be contributed to prevent penalties, with advice from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/finance-investment-tips-when-to-add-money-to-traditional-ira/?feed_id=41462&_unique_id=637a2f0065f39 #Inflation #Retirement #GoldIRA #Wealth #Inves...

Some traditional financial questions to ask when starting an Individual retirement account or IRA include finding out the risk of underlying assets involved in the investment. Avoid delaying retirement by staying away from riskier IRA investments with tips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/finance-investment-tips-traditional-ira-questions/?feed_id=41133&_unique_id=6378dcf6d94c9 #Inflation #Retirement #GoldIRA #Wealth #Investing #Bonds #...

Traditional IRA's allow an individual to put money away tax-free in a financial retirement account while they're working and make money with smart investing. Save for retirement by opening a traditional IRA and avoid paying taxes on it as money accumulates with tips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/finance-investment-tips-how-traditional-ira-works/?feed_id=39572&_unique_id=6372ebadef6f7 #Inflation #Retirement #GoldIRA #Wealth #I...

Qualifying for a traditional IRA requires being employed, and with most companies, workers become financially eligible after a probationary period has been passed. Start a traditional IRA with a company to financially secure the future with ideas from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/finance-investment-tips-how-to-qualify-for-a-traditional-ira/?feed_id=38032&_unique_id=636cfa69198a8 #Inflation #Retirement #GoldIRA #Wealth #Investing #Bonds #...