Timothy Sumer

Ask your money questions here : Join the Melanin Money Experience today : - Follow the Melanin Money brand on Instagram - Connect with George on Instagram - Connect with Carter on Instagram ... ( 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 Your 401k: What The Bank DOESN'T Want You To Know! When it comes to planning for your retirement, one of the most common options people consider is a 401k plan. This employer-sponsored retirement savings account allows employees to set aside a portion of their salary, pre-tax, for future use. While it seems like a straightforward and beneficial tool, there are some aspects of your 401k that your bank may not want you to know. Firstly, many banks and financial institutions charge high fees for managing your 401k. These fees can include administrative fees, inv...

Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡  Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Sil...

In todays episode Mat and Mark discuss Lending and notes with your Self-Directed IRA and 401K. Real Estate is the top invested asset here at Directed IRA, and this is how you can take your retirement to the next level. Before investing your hard-earned savings or self-directed IRA into an “alternative” business or real estate investment of another, you need to ask hard questions to the person or company receiving your money. Here are some tips to keep you out of legal trouble and to help you avoid bad investments or structures. --- Leave your questions in the comment section below! 🔊 Found this video helpful? Click the Like bottom & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. ---- Learn how to take control of your retirement - Self-directed IRA Podcast - Be an expert/shop my products - Blog & Articles - ---- Connect with me online: - Instagram: - Facebook: - LinkedIn: ...

An LLC is very beneficial for Self-Directed IRA investments since it gives you added protection, privacy and control. However, an LLC is not needed to make investments, and there is an added cost for maintaining one. -- Learn more about the Self-Directed IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial 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-clien...

Weekly Wednesday Wisdom Webinars April 26, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:09 What is involved in funding a Trust? 9:48 Getting I Bonds from a tax refund, how do I add those to the Trust? 11:29 If I have too many credit cards more than I need, does that help or hinder the credit rate? 12:26 Are you concerned about the dollar remaining the reserve currency, is there anything we should be doing to prepare in case it ...

On today's Taxes Made Simple, we delve into the most requested and important topic that every taxpayer should be aware of: strategies that average to wealthy earners can utilize to pay as little taxes as possible! Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡 Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies menti...

Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡  Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA ...

Should You Hire Your Spouse Inside Your LLC or S-Corp? Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡  Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc #taxes #taxfreeliving #taxexpert #taxreduction Recommended Video For You If yo...

In this week's episode, IRA Financial's Adam Bergman Esq. answers questions about lending funds to a Self-Directed IRA, 2022 SEP IRA contribution deadline, and issuing a K-1 for an IRA LLC investment. -- 0:00 *Intro 1:33 *Question 1: Can a non-disqualified person lend funds to my Self-Directed IRA to buy real estate? 4:29 *Question 2: When are my SEP IRA contributions due for 2022? 5:51 *Question 3: I will be receiving a K-1 from an investment my Self-Directed IRA LLC is investing in. Who should the K-1 be issued to? 8:27 *Outro -- Have a question for Adam? Send it to us! info@irafinancial.com -- 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 i...

EPISODE 39: Is It Ok to Get a Tax Extension? WATCH FULL VIDEO: Do you need a tax extension and you’re freaking out about it? Today, I’m sharing the details about tax extensions for entrepreneurs and what you need to know about filing for an extension before the April tax deadline. I’m also explaining why tax extensions aren’t as bad as you might have thought. Join me in this episode to learn some of the top reasons you might need a tax extension and how you can file for one. If you enjoyed this episode, please Like and Share it. Comment your favorite parts of the episode and don't forget to subscribe to our channel. ☀️ --- Links: Understand Your Taxes and Make Money, register here: A TAX GUIDE TAILORED TO YOUR CREATIVE FREELANCE WORK OR SMALL BUSINESS: Follow me for more: Instagram: Facebook: Listen to the podcast here: #SunlightTax #TaxTalk #SunlightPodcast... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: ...

FREE Copy of Retirement List Summary Shown in Video LINK OPTIONS X! So, do this first: SOLVE this ONE number for your RETIREMENT PLAN and it will pick the BEST OPTION for you! One clue REVEALS everything you need to know. How much can you tax deduct for your retirement plan? 401k? IRA? SEP? Roth IRA? Simple? 403b? Solo 401k? Simple IRA? Defined Benefit Plan? Money Purchase Plan? Prepare For Your Ideal Retirement! Self-Employed Retirement Plans. Employee Retirement Options. Small Business Employer Retirement. Retirement plan. Retirement calculator. retirement planning . 401K Max. IRA Max. Roth IRA Max. Simple IRA Max. 401k max contribution 2022. 401k max contribution 2023. IRA contribution limits. IRA contribution limits 2023. Roth IRA vs IRA. 401k vs IRA. Simple IRA vs 401K. Retirement plan maximum contributions. Self Employment Retirement Options. LINK TO SUMMARY OF RETIREMENT OPTIONS BY YEAR & PLAN [AS PRESENTED IN VIDEO] CHECK OUT MY 4 "ON DEMAND" SEMIN...

Discover how you can use a self-directed IRA LLC to purchase real estate and generate tax-free or tax-deferred gains. - 1. You can establish an self-directed IRA with a custodian - this is advantageous when you're not doing a lot of activity with your investment. 2. You can also establish a self-directed IRA with checkbook control - this gives you limited liability, and may reduce your fees. 3. Understand what it requires to own real estate. Do your due diligence and make sure you have sufficient funds. If you do not have sufficient funds, you can partner with someone who is NOT a disqualified person. Speak with a specialist before doing this. 4. There are tax advantages with buying real estate with a self-directed IRA. Gains are tax-deferred or tax-free with a self-directed Roth IRA. - Subscribe to our channel: - Adam Bergman founded IRA Financial Group and IRA Financial Trust. Prior, he was a tax attorney at some of the largest law firms in the country, includ...

Hosts and Tax Lawyers Mat Sorensen and Mark Kohler go into detail about all the investment options available when Self Directing a retirement account . These include real estate (rental and flip), IRA/LLCs (aka checkbook control IRAs), LP and LLCs, private small businesses, loans and notes, cryptocurrency, and precious metals. Mat and Mark both self-direct their own retirement accounts and co-founded Directed IRA, where they have assisted thousands of clients with their self-directed accounts. Their law firm KKOS Lawyers has worked with over 10,000 self-directed IRA clients and has two decades of experience. The Directed IRA podcast is an educational resource provided by Directed IRA & Directed Trust Company Directed IRA has helped thousands of self-directed investors and has processed over half a billion in self-directed transactions. It is the highest-rated self-directed IRA custodian based on verified google reviews and takes pride in providing knowledgeable and hel...

Since the start of the pandemic, inflation has RAVISHED the United States, but the IRS have shaken things up a bit with the new changes they implemented into 2023's tax brackets! What does this mean for you? Karlton Dennis breaks out the iPad to teach EXACTLY how much you will be taxed over the next year on today's Taxes Made Simple! HOW TO WORK WITH ME 📞Book a Professional Tax Strategy Consultation: MY PROGRAMS 🤑 Learn The Same Strategies The Rich Use To Live Tax Free: 🏡 Tax Alchemy Real Estate Tax Program: #taxes #taxfreeliving #taxexpert #taxreduction *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During I...

Self-Directed IRA holders are a special group. We like the freedom of having more control over our investment portfolio and we truly understand the value of diversity in our holdings. Of the many diverse areas of investments we have available to us, investing in private companies has not been as readily available primarily because these opportunities are just not that easy to find. We at Market Advisors are strategists in assisting companies to plan for and raise capital for growth, and we are excited to say that opportunities to invest in exciting growth companies is about to change. Why do we say that? Well on April 5, 2012, President Obama signed the JOBS Act (Jumpstart Our Business Startups Act - H.R. 3606) into law. This bipartisan legislation is intended to stimulate jobs growth in the United States by allowing smaller companies to raise capital, both privately and publicly, with greater ease and fewer restrictions. That includes using social platform "Crowd ...

Weekly Wednesday Wisdom Webinars January 4, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:01 What is new with Secure Act 2.0? 14:57 What should we be looking at for 2023 in terms of planning? 21:41 Change of rule by the Labor Department regarding retirement fund? 24:13 Question about Interest rate increases Visit our website to learn more ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: G...

#Invest #Money #Retirement #TaxStrategy The government provides for its citizens to save #money for retirement. In doing so, people save money on taxes so there is an incentive in doing so. In effect, the government gives you free money for investing in your own future. An #IRA is just simply - a tax favored investment allowed by the government for its people. You put in money, get a tax deduction (save on taxes), don't have to pay taxes now (tax deferred), but do when you pull the money out (taxable event). Based upon your circumstances it may help you to get #rich. #Fidelity and #Vanguard tell you to invest in them but you really should understand the basics of what an IRA is before doing so. Updated information with more details about this video and other essential topics: www.VastSolutionsGroup.com Don't forget to subscribe to the www.VastSolutionsGroup.com channel and give this video a thumbs up! Hit that bell icon so you get a notification every time...