Timothy Sumer

Each claim and benefit plan are different. Be sure to consult with an attorney.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Death Benefits- Spousal and Beneficiary ERISA Claims Losing a loved one is an incredibly difficult and emotional experience. While dealing with grief, it is important to understand and explore all the available benefits and options, one of which is death benefits provided by the Employee Retirement Income Security Act (ERISA). In this article, we will delve into spousal and beneficiary death benefits under ERISA, highlighting their significance and providing a comprehensive overview. ERISA is a federal law that sets standards for most employee benefit plans, including pension plans and group health insurance coverage offered by employers. Under ERISA, it is mandatory for employers offering such plans to...

Many retirees with IRA accounts are forced to take mandatory distributions. Most simply take their required minimum distributions, pay the income tax, but fail to consider other options. In this video, we’ll explain the 3 options you have to satisfy your mandatory distribution. ❓HOW MUCH DO YOU NEED TO RETIRE? ❓ Take our free RETIREMENT READNIESS QUIZ to find out! 🆓 DOWNLOAD OUR FREE GUIDE: 5 RETIREMENT MISTAKES TO AVOID 🆓 ☎️ SCHEDULE A COMPLIMENTARY INITIAL CALL WITH US ☎️ Call us at (619) 282-3288 or schedule online ✍ SHOW NOTES & RESOURCES ✍ - Show notes: - Smart Retirement Withdrawal: Start with the Best Account (Avoid Common Errors!): 👉 GET WEEKLY FINANCIAL INSIGHTS + ACCESS TO OUR EXCLUSIVE CLIENT MEMO 👈 ✅ LEARN ABOUT HOW WE CAN HELP YOU THROUGH RETIREMENT ✅ Twitter: Facebook: This does not constitute an investment recommendation. Investing involves...

Welcome! In this video we'll be going over how to utilize a trust as a beneficiary of an IRA. Subscribe to be notified of future postings! For more information visit our website: and be sure to connect with us on Linked In: DISCLOSURE: The views expressed in this presentation represent the opinions of Carmichael Hill and are not intended to predict or depict performance of any investment. The views expressed are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security or sector. Investing involves risks, and the value of your investment will fluctuate over time and you may gain or lose money. Please consult with your financial advisor to determine which investment strategy is best for you. Past performance is no guarantee of future results.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver...

Jeff Dragon North Shore Retirement Advisors  (617) 855-9738 #financialadvisor #retirementplanning... ( 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 How to Avoid an IRA Rollover Mistake An Individual retirement account (IRA) is a popular investment option for individuals looking to secure their financial future. It offers tax advantages and a variety of investment options, making it an attractive choice for retirement savings. However, when it comes to rolling over your IRA, there are potential pitfalls you should be aware of to avoid any costly mistakes. In this article, we will discuss some essential tips on how to avoid an IRA rollover mistake. 1. Know the difference between a direct and indirect rollover: It's crucial to understand the two types of IRA rollovers. A direct rollover involves transferring funds from one IRA cust...

Pros and Cons of waiting to take Social Security. Are you on the fence about waiting to take your social security? Just like for every decision, there are pros and cons to making that decision. In this video, Nolan Baker and Chaz Price discuss what they consider to be the pros and cons of waiting to take social security. Got a comment, post it below. Then, subscribe above and never miss new, on-demand financial and retirement content covering the latest news on investing, retirement, and more! MICHIGAN, OHIO, & TEXAS FINANCIAL ADVISORS & CLIENT SERVICES We are committed to working with retirees to help them get the retirement they deserve. We do this by providing guidance to help you develop an overall retirement income strategy and by offering a variety of insurance and investment products to help achieve the objectives of that strategy. We’re here to help ensure you receive all the assistance you need, not only in developing your retirement income strategy ...

Pros and Cons of waiting to take Social Security. Are you on the fence about waiting to take your social security? Just like for every decision, there are pros and cons to making that decision. In this video, Nolan Baker and Chaz Price discuss what they consider to be the pros and cons of waiting to take social security. Got a comment, post it below. Then, subscribe above and never miss new, on-demand financial and retirement content covering the latest news on investing, retirement, and more! MICHIGAN, OHIO, & TEXAS FINANCIAL ADVISORS & CLIENT SERVICES We are committed to working with retirees to help them get the retirement they deserve. We do this by providing guidance to help you develop an overall retirement income strategy and by offering a variety of insurance and investment products to help achieve the objectives of that strategy. We’re here to help ensure you receive all the assistance you need, not only in developing your retirement income strategy ...

#shorts #retirementplanning #financialplanning Watch here the full video👉 This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you. Disclosures: ... ( 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 A 401(k) rollover is a type of retirement plan that allows an individual to transfer funds from a former employer's retirement account to a new account. This can be beneficial for individuals who are changing jobs or retiring and want to consolidate their retirement savings. However, like any financial decision, there are pros and cons to consider before proceeding with a 401(k) rollover. One of the advantages of a 401(k) rollover is the ability to have more control over your retirement savings...

Conversions of the Traditional portion of a Thrift Savings Plan to a Roth IRA may not work for everyone, but if done properly and at the right time, you could see more net income from your TSP in retirement. In this episode, we will discuss key points you should know before taking any actions and provide 3 strategies of when a Roth conversion may be best for you. Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. In this episode we will go over: - 3 considerations when comparing Traditional and Roth IRAs - Key Points to know before you convert an IRA - 3 strategies of when a conversion might be best for you 0:00 Intro 1:43 Why choose a Roth? 2:30 Key Points to know before you convert an IRA 5:49 3 strategies of when a conversion might be best for you Footnotes for: Roth Conversion at Retirement Strategy This example uses ...

Former Stealth Fighter Pilot and Certified Financial Planner (Owner - After Burner Financial), Steve Ankerstar - @cruiserf15, gives a generic overview of the Thrift Savings Plan (TSP) and details some things to you might want to consider when setting up/managing your TSP. 🎬 To catch the full episode, check out the ‘Veteran Entrepreneur Podcast’ on YouTube, Apple iTunes, Spotify, and Google Podcasts. 👉 Follow @cruiserf15 @dotmil_gear 👉 Subscribe to our YouTube Channel #veteranentrepreneurpodcast #dotmilgear... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Thrift Savings Plan Basics: Investing for Your Future As you embark upon your journey towards financial security, it is crucial to explore various investment opportunities that can help you build a substantial nest egg for ...

KEY POV: We still believe cash is king and a high cash position will provide great buying opportunities closer to the summer. Thanks for watching. In this video, you'll understand why we've been concerned about the economic cycle since early 2021. Now the cracks are clearly evident. After his latest FOX Business interview, Eddie received a lot of questions about his comment, "in my opinion, there is nothing anyone can do to stop what has already happened." There are macroeconomic factors at play that have a tremendous impact on where we go from here. In our opinion, these are the macro dynamics that make KEY Advisors bearish: a. Small businesses are closing their doors at a rate we have not seen since the great recession. b. Subprime auto loan delinquencies are accelerating at a rate we have not seen since the great recession - c. Commercial real estate will continue to be challenging due to lower demand for corporate and retail space (high occupancy...

Adam welcomes Brandon Caldwell, Senior Mortgage Advisor with Ruoff Mortgage to discuss rising interest rates and the changing mortgage market for residential purchases.  Brandon shares more about certain changes to regulation that make it more expensive for a qualified borrow to get a mortgage and more affordable for a less qualified borrower.  Brandon also talks more about loan level price adjustments and how they work during the mortgage process.  Given the prominence of new construction deals happening in the market Brandon explains those products and how they are trickier than you may anticipate.  Adam and Brandon also discuss some of the lesser utilized yet still viable products in today's market including Bank Statement Loans, No Doc Loans, and DSCRs.  Lastly, Brandon shares his advice to those who think they should wait until mortgage interest rates decline.   Email Brandon: B.Caldwell@ruoff.com  Brandon Caldwell Senior Mortgage Advisor  Ruoff Mortgage, NMLS I...

What are the pros and cons of cashing out a 401k? Is cashing out your 401k in your best interest? Chances are it isn't. But if this is something that you are considering take a few minutes and listen to Nolan Baker and Chaz Price discuss some of the pros and cons of cashing out your 401k. Got a comment, post it below. Then, subscribe above and never miss new, on-demand financial and retirement content covering the latest news on investing, retirement, and more! MICHIGAN, OHIO, & TEXAS FINANCIAL ADVISORS & CLIENT SERVICES We are committed to working with retirees to help them get the retirement they deserve. We do this by providing guidance to help you develop an overall retirement income strategy and by offering a variety of insurance and investment products to help achieve the objectives of that strategy. We’re here to help ensure you receive all the assistance you need, not only in developing your retirement income strategy but in maintaining it throughou...

How do you build your financial future when you're single? In this webinar, Senior Financial Planner, Allison Alley, CFP® explains how to map out your retirement journey, create a budget, and manage debt, with specific strategies for every generation. Whether you're a millennial, a Gen-Xer, or a baby boomer, Allison offers tips and strategies around emergency savings, Social Security, saving for retirement (including catch-up contributions), and managing your investment portfolio during market downturns. Throughout the webinar, Allison also answers viewer questions about retirement as a single person. Download the guide to Going Solo: How to Navigate Your Financial Future Single: 00:00 - Intro 02:19 - Retirement Savings by Generation 04:12 - Millennials' Solo Retirement 09:51 - Generation X Solo Retirement 20:15 - For the percentage of salary to save, are you referring to gross or net income after taxes and retirement contributions? 20:30 - How does the death...

Jack and Diane will inherit about $4.5M from Diane’s parents. How do they manage the required minimum distributions? Which of three options should Matt take with his inherited IRA? Making the most of your inheritance, today on Your Money, Your Wealth® podcast 435 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, Clay wants to know if it’s a good idea to take money off the table and rebalance to safer or more aggressive investments, depending on your risk tolerance? Can Elizabeth offset pre-tax IRA losses with the gains from the sale of rental real estate? Is it true that you can make one-time contributions from your IRA to your HSA that is, your health savings account? And finally, can Cory gift stock to his daughters and avoid paying the kiddie tax as a way to pay for college? And can Rich supercharge a 529 college savings plan with himself as beneficiary? Podcast show notes, free financial resources, episode transcript: - 00:00 - Intro - 00:58 - How Do We Manage RMDs...