Timothy Sumer

Schedule a free virtual or in-person consultation by visiting We are based in Knoxville and Chattanooga! Would a Roth Conversion improve my tax efficiency? What happens if I run out of income before I run out of life? Will my spouse be ok? In this study, we'll take a look at being 63 and retired with $2,000,000 in your 401(k). Should you convert to a Roth IRA? 0:15 Introduction 0:45 Disclaimer 1:20 Case Study 1:45 Plan for Everything 2:16 Current Situation 3:26 Roth Conversions 5:24 401(k) vs Roth IRA 9:45 Tax Brackets 11:37 Impact of RMDs 12:52 Starting Distribution Tax 14:27 How Much to Convert? 15:28 Medicare Part B 17:06 Conclusion A successful retirement plan means having a clear and achievable plan for your taxes, income, investment, healthcare, and legacy. If you are missing a piece of your financial puzzle or just want a second opinion, contact us at 865-392-4260 or visit Learn more by visiting our website: #incomeplanning #retirementplanning #retirementin

In today's video, Adam Bergman, Esq. and Isaac Rodriguez, a client of IRA Financial, discuss making an investment with a Self-Directed IRA. -- Learn more about Self-Directed IRAs: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial, its management,

(760) 692-2222 Choosing a retirement plan is a great step toward financial security. There are several types available, but here are the most common: 401(k)s and 403(b)s are plans offered by employers. 401(k)s are offered by for-profit companies, and 403(b)s are offered by public schools and some non-profit organizations. Contributions are deducted from your paycheck, and are often matched by employers. They’re deducted pre-tax, grow tax-deferred and are taxable on withdrawal. Traditional IRAs, or Individual Retirement Accounts, are opened by individuals through an investment firm or bank. They may be tax deductible, grow tax-deferred and you pay tax when you take the money out. A SIMPLE IRA plan is similar to a traditional IRA, but these accounts are set up by a small business owner, and usually permit larger contribution amounts. And lastly, when you open a Roth IRA, you contribute after-tax dollars, the money grows tax-free, and you pay no tax on withdrawals. Al

Schedule a free virtual or in-person consultation by visiting We are based in Knoxville and Chattanooga! Would a Roth Conversion improve my tax efficiency? What happens if I run out of income before I run out of life? Will my spouse be ok? In this study, we'll take a look at being 69 and retired with $1,600,000 in your 401(k). Should you convert to a Roth IRA? 0:25 Introduction 0:58 Case Study 1:05 Plan for Everything 1:40 Current Situation 2:17 Disclaimer 2:54 Roth Conversions 4:30 401(k) vs Roth IRA 9:42 Tax Brackets 11:17 Impact of RMDs 12:10 Starting Distribution Tax 13:11 How Much to Convert? 13:38 Medicare Part B 14:35 Conclusion A successful retirement plan means having a clear and achievable plan for your taxes, income, investment, healthcare, and legacy. If you are missing a piece of your financial puzzle or just want a second opinion, contact us at 865-392-4260 or visit Learn more by visiting our website: #incomeplanning #retirementplanning #retirementin

Schedule a free virtual or in-person consultation by visiting We are based in Knoxville and Chattanooga! Would a Roth Conversion improve my tax efficiency? What happens if I run out of income before I run out of life? Will my spouse be ok? In this study, we'll take a look at being 64, single, and retired with $1,800,000 in your 401(k). Should you convert to a Roth IRA? 0:21 Introduction 1:58 Disclaimer 2:14 Case Study 2:25 Plan for Everything 2:48 Current Situation 3:25 Roth Conversions 4:32 401(k) vs Roth IRA 8:43 Tax Brackets 10:10 Impact of RMDs 11:11 Starting Distribution Tax 11:56 How Much to Convert? 12:14 Medicare Part B and D 13:04 Conclusion A successful retirement plan means having a clear and achievable plan for your taxes, income, investment, healthcare, and legacy. If you are missing a piece of your financial puzzle or just want a second opinion, contact us at 865-392-4260 or visit Learn more by visiting our website: #incomeplanning #retirementplannin

Schedule a free virtual or in-person consultation by visiting We are based in Knoxville and Chattanooga! Would a Roth Conversion improve my tax efficiency? What happens if I run out of income before I run out of life? Will my spouse be ok? In this study, we'll take a look at being 61 and working with $3,000,000 in your 401(k). Should you convert to a Roth IRA? 0:24 Introduction 1:25 Disclaimer 2:04 Case Study 2:21 Plan for Everything 2:50 Current Situation 4:07 Roth Conversions 7:13 Income Now & Income at 65 8:48 Income at 70 9:10 Impact of RMDs 11:44 401(k) vs Roth IRA 16:18 Tax Brackets 18:06 Starting Distribution Tax 20:09 How Much to Convert 21:26 Net Investment Income Tax 22:15 Medicare Part B & D 23:31 Conclusion A successful retirement plan means having a clear and achievable plan for your taxes, income, investment, healthcare, and legacy. If you are missing a piece of your financial puzzle or just want a second opinion, contact us at 865-392-4260 or vi

When you retire, it's crucial to monitor your cash flow/budgeting. In this video, we cover the most important budget category. The following link will take you to our budget calculator, If you want to do a deep dive into cashflow planning for retirement, consider taking our short course on the topic, 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

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

In this episode, Troy Sharpe, CFP® and Financial Advisor, continues his discussion on the Retirement Basics and The Oak Harvest Retirement process, touching upon some acronyms, S.M.A.R.T. and T.E.A.M. and what they mean to the Oak Harvest Financial Group and your retirement planning process. He discusses the 5 steps of the Oak Harvest retirement planning process; #1. Investment Planning, #2. Income Planning, #3. Tax Planning, #4. Healthcare Planning and #5. Estate Planning. #investments #retirementplanning #retirementincome #taxplanning #estateplanning 00:00 Introduction - Mark Elliot - The Retirement Income Show 01:03 S.M.A.R.T. what does it mean for your retirement planning process 01:25 Oak Harvest Retirement process for retirement planning 02:13 Step 3 of Oak Harvest Retirement Plan Taxes can be your #1 Concern 03:41 Risk Management and Asset Allocation is Step 1 And Why 04:08 The Value Oak Harvest Financial Group provides to clients 06:00 Give us a call so w

Apriem Advisors 949-253-8888 If you’re changing jobs or retiring, it’s important to know the rules regarding moving funds from your employer sponsored retirement plan. The wrong move could cost you in income taxes and early withdrawal penalties. You typically have four options, and you may engage in a combination of these options. You can leave the money in your former employer’s plan, if permitted. You can also cash out the account value, but you should research the tax implications first. There are two basic ways to move retirement plan assets from one retirement plan into another with no tax consequence. With a direct rollover, your financial institution or plan directly transfers the payment to another plan or IRA; no taxes are withheld and your account continues to grow tax-deferred. With an indirect rollover, a check is made payable to you. You have 60 days to deposit it into a Rollover IRA – after that the entire amount is considered income, and subject to taxes. You

Welcome to "The Gold IRA Rollovers Made Easy Channel"! Our channel is dedicated to providing you with valuable information and insights on how to invest in a gold IRA and make the most of your retirement savings. We understand that the process of rolling over your IRA can be confusing and overwhelming, which is why we're here to make it easy and straightforward for you. Our team of experts has years of experience in the industry and we're passionate about helping you achieve your financial goals. In our videos, we'll cover everything from the basics of gold IRA investing to advanced strategies for maximizing your returns. We'll also share the latest news and trends in the market, so you can stay informed and make informed decisions. Whether you're new to gold IRA investing or an experienced investor, our channel has something for everyone. So, subscribe to our channel today and join our community of like-minded individuals who are committed to

Consider This Program with Joe Clark, CFP and Angi Kinser. In this segment we will cover: Your legacy plan is one of the many things in life that you cannot simply check off your list and forget about. The tax code has changed and I promise you that it will continue to change. We have people that come in all the time with estate documents created with old rules in mind, things that would simply wreck retirements and create havoc for heirs. You must understand why you need annual tax planning and how things like income variability, death, divorce, and job loss can change the whole picture. There are many tax strategies to consider for every situation. You need to make sure you are working with someone who understands what tax planning really means. Schedule your complimentary Next Steps meeting today! www.yourlifeafterwork.com 800-928-4001... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA

Grab the full episode here: Schedule your complimentary Next Steps meeting today! www.yourlifeafterwork.com 800-928-4001... ( read more ) LEARN MORE ABOUT: Precious Metals IRAs HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing REVEALED: Best Investment During Inflation Write an article about What Is A Gold IRA & Do You Need It In Your Portfolio? in English https://inflationprotection.org/what-is-a-gold-ira-do-you-need-it-in-your-portfolio/?feed_id=70043&_unique_id=63e92049d5462 #Inflation #Retirement #GoldIRA #Wealth #Investing #401kgoldirarollover #annuities #bestgoldira #ConsiderThisProgram #FEG #Fiduciary #FinancialEnhancementgroup #FinancialPlanning #goldira #goldcopreciousmetals #investing #Investmentplanning #Investments #JoeClark #NextStepsMeeting #preciousmetals #Retirement #retirementplanning #RMD #rmds #socialsecurity #Stocks #trustee #trusts #YourLifeAfterWork #YourNextSteps #GoldIRA #

Welcome! In this video we'll be going over Inherited Roth IRA Rules for Surviving Spouses and Children. 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: Si

Do you wish to have more control over what your individual retirement account (IRA) invests in? If yes, then consider starting a self-directed IRA (SDIRA). Self-directed IRAs also broaden your investment options by allowing you to invest in several alternative asset classes! In this episode, Jeremy Keil speaks with Mindy Gayer, Southeast Region Business Development Manager at The Entrust Group. Mindy debunks the common misconceptions around self-directed IRAs and explains everything you need to know before starting your SDIRA account. Mindy discusses: - Three crucial things to keep in mind about SDIRA transactions - Different ways to fund your SDIRA and diversify your retirement portfolio - Major responsibilities of an SDIRA owner - How to use your SDIRA to achieve your ideal retirement and support your beneficiaries - And more To learn more about self-directed IRAs, check out the resources below! If you have any questions, feel free to contact us or connect with our