Backdoor Roth IRAs - What is it and is it appropriate for you? Ask yourself, do you fall under the designated income limitations that prohibit you from contributing to a Roth IRA? Do you even know what those limitations are? To help answer some of those questions, watch the video. Sit down with a financial advisor to discuss the complex tax strategies. Reach out to us at 614-635-0102.... ( read more )
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A Backdoor Roth IRA is a smart investment tool for high-earning individuals who want to enjoy the benefits of a Roth IRA but cannot contribute directly to it. A Roth IRA is a tax-free retirement savings account that requires contributions after taxes, but the account's earnings and withdrawals are tax-free. However, there are income restrictions to who can contribute to a Roth IRA. For tax year 2021, the Roth IR
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)