Timothy Sumer

A Roth IRA is an important component of your retirement portfolio. In this episode of Your Life Simplified, Valerie Escobar, senior wealth advisor, and Michael MacKelvie, wealth advisor, discuss mistakes that can be made when investing in a Roth IRA and how to avoid them. Topics discussed include spousal contributions, Roth 401k options, the 5-year rule and contribution eligibility. 0:00 Intro 1:21 Missing Roth Opportunities 5:00 Cost-Basis 6:30 5-Year Rule 7:46 Backdoor Roth IRA 10:11 Contributing When Not Eligible 13:20 Outro & Disclosures #retirement #rothira #investing For more information, please visit us online at Subscribe and listen to our podcast, Your Life Simplified Apple Podcasts - Google Play - CONNECT WITH US ON SOCIAL LinkedIn - Facebook - Twitter - Instagram - ============================================= These videos are limited to the dissemination of general information and are not intended to be legal or investment advice. Nothing h...

Today we're talking about retirement topics to talk with your spouse about. We'll cover the spousal IRA, beneficiaries and how the SECURE ACT changes things in that respect. We'll also talk about other tax considerations you may want to talk with your spouse about so you both enjoy the retirement you envisioned. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. ---Ready to subscribe--- For more information visit: www.JazzWealth.com --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( 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 4 Retirement Topics to Talk with Your Spouse About Retirement is a significant milestone in life tha...

Are you interested in securing your future through smart investments? Look no further than Roth IRA – a tax-advantaged retirement account that allows you to grow your savings tax-free! In this video, we will guide you through the process of investing in a Roth IRA, from understanding its benefits and eligibility requirements to selecting the right investment options. Join us on this financial journey and learn how to make the most of your retirement savings with Roth IRA. Dear valued viewer, We extend our heartfelt gratitude to you for watching our videos! Your support means the world to us. We kindly request you to consider liking, subscribing, and sharing our content. Your engagement helps us reach a wider audience and encourages us to continue creating more exciting videos for you to enjoy. For your convenience, we have included a link below where you can find more captivating content. Simply click on it, and we assure you a delightful experience awaits you. YOUTU...

IRA investment possibilities are nearly endless – in fact, the IRS lists only a few investments that are NOT permitted in a retirement account . Equity Trust's National Education Specialist, John Bowens, breaks down prohibited transactions, what you can invest in, and what you can't invest in with your retirement account . Individuals can choose to use their retirement accounts to invest in alternative assets such as fix and flips, rental properties, privately-owned companies, cryptocurrency, and more... but find out what you are not permitted to invest in with a self-directed IRA, self-directed Roth IRA, or other tax-advantaged account. Download Your Free Guide to 7 Alternatives Outperforming the Stock Market: Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever makin...

Roth IRAs are a great way to invest for retirement while also providing a tax shelter. However, there are many limits and rules to follow. Here's a quick tip for you to use when contributing to a Roth IRA! I'm a licensed financial advisor and I'm not providing investment advice through any content written or produced on YouTube. These videos are for general educational purposes and may contain errors. This is not financial and/or tax advice.... ( 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 Quick Tips for Your Roth IRA: A Path to Financial Freedom In today's fast-paced world, it is more crucial than ever to plan for a comfortable and secure retirement. One excellent investment vehicle for achieving this goal is a Roth Individual retirement account (IRA). A Roth IRA offers numerous benefits, including tax-free growth and with...

Can you have too much money in your 401(k)? Yes. Your contributions to your 401(k) are pre-tax dollars and when you take it out down the road, your tax rate will likely higher than it is today. So you don't want to over-fund this retirement account . 💰FREE Tax-Free Toolkit: ✅ Find a Power of Zero Advisor: ➡️ Learn How To Become a Power of Zero Advisor: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco #taxfreeretirement... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Is $1M in Your 401k TOO Much? As retirement planning becomes increasingly important, many individuals strive to accumulate a significant sum of money in their retirement accounts. The gold standard for many years has been reaching a million-dollar balance in one's 401k accoun...

Learn all about #RetiredAccounts - #TaxDeferred accounts, #TaxExempt accounts, #RothIRAs, #TraditionalIRA, #401(k), #403(b). I am going to be going through many different types of retirement accounts, explain their purpose, advantages and disadvantages. Also, I will tell you what my wife and I do when it comes to retirement accounts. Instagram: Twitter: ---------------------------------------------------------------------------------------------------------------------- Use this link to open your account on Webull, and get 2 FREE stocks, valued all the way up to $1,600! Open your Robinhood account using this link and get 1 FREE stock! ----------------------------------------------------------------------------------------------------------------------------- WATCH NEXT: * Gamestop Saga Explained: * Stock Market Basics Explained: * How To Never Run Out Of Money: * How To Get A Perfect 800 Credit Score: * 5 Tips On How To Save Money Fast: ----------------------------...

In this interview with Mark Byelich, we discuss if congress will get rid of the Roth IRA, who's responsible for the national debt, and why the US will experience financial calamity by 2030. 💰FREE Tax-Free Toolkit: ✅ Find a Power of Zero Advisor: ➡️ Learn How To Become a Power of Zero Advisor: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco #taxfreeretirement... ( 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 In recent months, there has been growing concern among some Americans that Congress may be considering getting rid of the Roth IRA. The Roth IRA, which was first introduced in 1998, has become a popular investment vehicle for Americans who want to save for their retirement. It allows individuals to contribute after-tax dollars and their earnings grow t...

Today we're talking about some of the benefits of staggering your retirement years with your spouse. It may make more sense not to retire at the same time as your spouse so you can lower taxes, contribute to Roth IRA's and get company matches in your 401k as well as social security benefits as well. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. ---Ready to subscribe--- For more information visit: www.JazzWealth.com --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( 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 Retirement is often viewed as a milestone that married couples want to achieve together. However, there are many reasons why it may ...

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Protect your financial identity by signing up with AURA. Take advantage of our sponsors FREE 14-Day trial. What is a Roth IRA? This is a question I get asked a lot and one I enjoy helping others learn about because it can be one of the greatest wealth building tools you will find. Being able to build wealth TAX FREE can be amazing over a long period of time. In this video I discuss: - What a Roth IRA is - What the contribution limits are - What income limits there are - Backdoor Roth IRA option Let me know down in the comments section below whether you own a Roth IRA or not. #moomoo #moomootrading 💰 Win Top Prize $50,000 with moomoo Holiday Magic Sweepstakes＋15 Free Stocks, Open a new account and deposit link: 🔥 JOIN CASHFLOW UNIVERSITY TODAY 📝 The Dividend Investor's Edge Sign up for my weekly newsletter breaking down the news in the markets and focusing on Dividend Stocks 💰 Get 12 FREE STOCKS valued up to $30...

I'm constantly seeing people on the internet claim that "401k's are BAD"... but, are they really? In this video, I respond to a tweet that was claiming 401k's are "duping people", and I walk through all of the reasons why someone would want to have a 401k for investing in stocks, real estate, and more! 0:00 Intro 1:12 Is Your 401k "duping you"? 2:53 The benefits of a 401k 6:00 Self-directed 401k for Real Estate 7:55 Tax considerations with Real Estate investing 11:37 Pros... and cons of a 401k ===== Ways I help you build more wealth: Want to learn the SKILLSET of managing your money right? Get my FREE Wealth Building Basics Course: Are you an investor looking to take your analysis skills to the next level? I'm a mentor in the Skill Incubator community for investors and entrepreneurs: We Talk Money Podcast: Connect with Nikki: Subscribe To SheTalksFinance YouTube channel: Twitter: Instagram: Facebook: ===...

In the short term, things can feel and objectively be chaotic. There is no doubt that we live in an uncertain world. However, on the flip side, long-term trends are stubbornly consistent. These trends should be a source of encouragement. In this video, we explore this important perspective. Are you within five years of retirement or already retired? Visit our website to find out how to get your complimentary retirement plan and a second opinion on your current planning. Here's the link, Access our complimentary retirement planning Resource Bundle. Click the following link to learn more, Investing for Retirement Course - we have prepared a comprehensive course that reviews the key elements for building your retirement portfolio. You can get access to this FREE course by clicking the following link, Welcome to our channel. On a regular basis, we upload content related to the topics of retirement and overall wealth planning. Although our focus will be on financial to...

Can I Contribute the Max to Both My IRA and Roth IRA, Then Convert in the Same Year? For the full podcast episode, transcript and show notes, visit On the Your Money, Your Wealth® podcast, Joe Anderson, CFP® and Big Al Clopine answer this question from Lenny in Michigan: "Hello I am wondering can I make a $5500 contribution to both my IRA and to my Roth IRA in the same year? If so, later that same year can I convert the IRA to my Roth IRA and pay the tax for the IRA?" Listen to the podcast: JA: We got Lenny from Michigan. “Hello my name is Lenny. Do you have a penny?” Anyone remember that? AL: Nope. AC: No. Nothing. JA: Really? Good Times. Remember? The guy would open up his jacket and then he would have TV's and watches? AC: (laughs) I'm sure you're right. AL: I didn't watch it, sorry. JA: Good Times? J.J.? AC: Yeah I remember J.J. but I probably watched that show for like two minutes. JA: Janet Jackson was on the show. I loved Good Ti...

Hey guys, welcome back to the channel! The subject of retirement accounts can be quite daunting and confusing sometimes, given all the different types of retirement accounts and the rules that apply to each one. So in today's video, I wanted to breakdown the main types of retirement accounts that you're likely come across in a simple and concise manner so that you can make a more educated decision about how to save for your future. I'll also be sharing some additional tips for retirement account investing, as well as my personal strategy so be sure to stay tuned until the end of the video for that. If you enjoyed the video and/or found it helpful, be sure to leave a like and a comment, I would greatly appreciate it! And be sure to subscribe for more content! Subscribe for more finance, investing, and lifestyle videos: For business inquiries, email me at aaronyao21@gmail.com Follow me on Instagram @aaron_yao_ Disclaimer: I am not a financial advisor. Everythi...