In this video we discuss the process of turning Non-Qualified Funds into Qualified Funds. We discuss how to minimize income taxes during your lifetime including a discussion of when it is optimal to use tax deferred accounts vs Roth accounts. We discuss IRAs, 401(k)s, 403(b)s, 457(b)s, TSPs, SEP, and SIMPLE plans. Also Required Minimum Distribution (RMD)s and what states are tax friendly for retirement purposes. We give an introduction to how Roth Conversions can be used to minimize taxation during your retirement years. Insurance Services are offered through FEFA. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and FEFA or FEFA Asset Management are not affiliated companies. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are back
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)