Timothy Sumer

Noted retirement planning expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has dedicated his life to helping others achieve their goals for a healthy and happy 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 The Inherited IRA: Understanding the Benefits and Rules An inherited individual retirement account (IRA) is an important financial tool that allows beneficiaries to receive and manage retirement funds from a deceased account holder. With an inherited IRA, beneficiaries can continue to grow the funds while taking distributions in accordance with specific rules and regulations. When someone passes away and designates an IRA beneficiary, that individual inherits the account. The beneficiary then has the option to transfer the funds to an inherited IRA and continue to enjoy the tax be...

The law office of Lesly R. Devereaux offers estate planning services designed to help you manage your affairs in the most practical and positive way possible. Lesly is an established New York estate planning lawyer with extensive experience in this and many other areas of the law. Please Visit My: WEBSITE: FACEBOOK: ADDRESS:43 West 43rd Street, Suite 175 New York, NY 10036-7424 Phone: 212-804-5736 Email: ld@leslylaw.com #trust#will#estateplanning#probate#attorney#familyestateplan#lastwill#lawofficesinnewjersey#lawoffice#law#officeoflaw#willtrust#estate#estateplan#businessowner #businessman #businesswomen #womeninbusiness #estateplanning #estatesandtrusts @leslydsellshomes @leslylawyer @weddingblissbydrlesly... ( 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 Inheriting an IRA can be a significant responsibility. It is crucial to know what y...

Noted retirement planning expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has dedicated his life to helping others achieve their goals for a healthy and happy 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 Inheriting an IRA or 401(k) can be a complex process with several important considerations. These accounts are often designed to be used during an individual's retirement years, but they can also be passed down to beneficiaries after the account holder's death. When inheriting an IRA (Individual retirement account ) or 401(k) plan, there are important tax implications to consider. Depending on the type of account and the beneficiary's relationship to the account holder, certain tax rules may apply. If the beneficiary is the account holder's spouse, they have the opt...

Experts in trust and estate law explain typical IRA beneficiary scenarios and why it’s critical to review EVERY time you set up or rollover your IRA to avoid probate. #ira #retirement #retirementplanning #beneficiaries #actec #actecfellow The American College of Trust and Estate Counsel, ACTEC, is a national association of approximately 2,400 peer-elected lawyers and law professors from across the United States and abroad with expertise in estate planning, probate and trust administration. In this video: 00:00 Open 00:13 What happens if you do not have an IRA beneficiary designated? 01:20 Do you need to redo your beneficiaries when you roll over an IRA? 01:42 IRAs and surviving spouse as the beneficiary. 02:38 IRA with a young surviving spouse who does not want to defer. 03:41 How does an inherited IRA work? 04:55 Minor children of an inherited IRA. 06:39 Advice on preparing the IRA beneficiary designation form.... ( read more ) LEARN MORE ABOUT: IRA Accounts T...

The 401k experiment has failed miserably, and if you are still counting on it for financial freedom, you need to reconsider. Today Matt will explain exactly why you should get your money out of your 401k TODAY and where to invest it instead. My name is Matt Theriault. When aspiring, frustrated investors are stuck in the proverbial “rat race,” they come to me. I help these people create passive income through creative real estate investing strategies so their money works harder for them than they do for it, resulting in ultimate financial independence and freedom. Whenever you're ready, here are some ways I can help... If you'd like to brainstorm some ideas about your real estate investing and the potential of working together, watch this If you'd like to find off-market deals, regardless of market conditions, watch this If you'd like to know how to present a deeply discounted offer to a seller so that they happily sign your contract, watch this If...

Rich Paul, CFP® and special guest Rebecca Wrock, discuss common estate planning mistakes such as a minor inheriting money, ways to stretch your IRA, adding a child as joint owner, lady bird deeds, and more. www.rwpaul.com/ Disclosure: The retirement planning Podcast is for Educational Purposes Only and is not intended as investment/tax advice. Please consult with a qualified professional for any financial, insurance, tax, or legal matters. Richard W. Paul & Associates, LLC, is a Registered Investment Advisor. Advisory services offered through Richard W. Paul & Associates, LLC. Insurance services offered through Midwest Financial Consultants, Inc. The aforementioned are affiliated companies. Matthew Paul is a registered representative with securities offered through G.F. Investment Services, LLC, member of FINRA/SIPC. Richard W. Paul & Associates, LLC and G.F. Investment Services, LLC, are separate entities.... ( read more ) LEARN MORE ABOUT: IRA...

Many assets allow you to name a beneficiary, that is, whom you would like to receive the asset in the event of your death. Life insurance policies and retirement accounts are common examples but some other account types such as bank accounts and non-retirement investment brokerage accounts also may allow you to name beneficiaries through a Pay on Death (POD) or Transfer on Death (TOD) form. While these forms are generally straight forward, they often lead people to make inadvertent errors. We have identified six common mistakes people make when preparing for the distribution of their assets after death. This is PART THREE OF SIX. Leaving retirement assets to a trust or estate. While wills and trusts can be effective planning vehicles, unfortunately, they are not always the most tax-advantageous when it comes to retirement accounts. While individual beneficiaries can choose life expectancy distributions which allows them to spread the tax liability over their lifetime, m...

Most common and easily avoidable IRA mistake that could literally cost your family thousands of dollars and unnecessary income taxes. A simple but through review could save your children and grandchildren their inheritances.... ( 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 https://inflationprotection.org/dads-ira-mistake-cost-his-children-400000-of-their-inheritance/?feed_id=48910&_unique_id=6396d605e8da7 #Inflation #Retirement #GoldIRA #Wealth #Investing #advice #AdviceMediaGenre #advisor #beneficiary #best #dallas #Estate #FinanceIndustry #fortune #ft.worth #help #individualretirementaccount #inheritance #investment #Investments #ira #local #michaelham #money #MoneyTheOffice #mymoneytrack #olan #plan #planner #Retirement #save #secrets #transfer #trust #Will #InheritedIRA #advice #AdviceMediaGenre #advisor #beneficiary #best #da...

OJM Group principal Jason O'Dell will define this planning tool and explain why a well-rounded retirement plan should have a portion in cash value life insurance. The presentation includes valuable information on: - Using life insurance as an asset class - Comparing and contrasting life insurance with other investments - Tax aspects of life insurance - Unique features of indexed life insurance ABOUT THE PRESENTER: Jason O'Dell is a principal and managing partner of OJM Group, and a NFLPA Registered Financial Advisor. As an author, his most recent text is the ebook Fortune Building for Business Owners & Entrepreneurs: The Keys to Corporate Structure, Tax Reduction, Asset Protection & Wealth Creation. Jason is an experienced entrepreneur, financial consultant and investment advisor and has worked with high-net worth families, business owner and physician clients for over 20 years. He has conducted financial planning, asset protection and wealth management le...

If you inherited an IRA in 2020 you are likely wondering what rules you need to follow and how you can withdrawal from the account in the most tax efficient way. Robert W. Tull Jr. Certified Financial Planner™ Professional and Phil Tull discuss some of the rules and and questions to ask when tapping these retirement vehicles. DISCLOSURE: The commentary in this video reflects the current views of Tull Financial Group. Reproduction or distribution of this material is prohibited and all rights are reserved. Past performance does not guarantee future results. As with any investment strategy, there is potential for profit as well as the possibility of loss. Tull Financial Group does not guarantee any minimum level of investment performance or the success of any portfolio or investment strategy. All investments involve risk and investment recommendations will not always be profitable. This material does not constitute a complete description of our investment services and is...