Timothy Sumer

In this video, I delve into the newly introduced Roth SEP IRA in 2023 and compare it with other retirement plans like the solo 401K. If you're considering the Roth SEP IRA, you'll want to understand the limitations, potential tax consequences, and why it might not be the best option for you. Join me as I break down the complexities and offer insights that could save you time and money in planning your retirement. Feel free to drop your questions in the comments below, and don't forget to subscribe for more financial guidance! ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: Chat on discord: Join Link Support on Patreon: Get IRS FORM W4 TAX WITHHOLDING HELP HERE STARTING AT $39. bit.ly/3FJ6w8U ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to you

In a backdoor Roth conversion how are gains taxed using the pro rata rule? I'm going through an example and explaining how gains are taxed in the pro rata rule. ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: ----------------------------------------------------- The Incredible Penny Get investment or financial planning advice START HERE TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL PLANNER™ Company Website: twitter: @travissickle Instagram: Facebook: LinkedIn: Sickle Hunter Financial Advisors 1646 W Snow Avenue Suite 144 Tampa, FL 33606 Check out Google Business Profile ------------------------------------------------------- Gear Used in Videos Income Protection: You have a 1 in 4 chance of becoming unable to work due to disability. Your Breeze Disability Insurance policy will replace part of your lost income if and when you need it. Apply here Partnership referra