Timothy Sumer

We learn how to apply the RMD rules when an individual has multiple accounts.... ( 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 What Are the Aggregation Rules That Apply When an Individual Has More Than One IRA? Individual Retirement Accounts (IRAs) are popular investment vehicles that offer tax advantages for saving for retirement. Many individuals choose to have more than one IRA to diversify their investments or take advantage of different tax benefits. However, when it comes to reporting and aggregating these accounts, certain rules apply to ensure compliance with the Internal Revenue Service (IRS) regulations. The aggregation rules come into play when an individual owns multiple IRAs. These rules are essential to accurately calculate tax liabilities and determine the required minimum distributions (RMDs) from the accounts. Here are the k

Brenden Healy, Tax Partner of Whittlesey discusses retirement plans. There are a number of options available to the business owner and the taxpayer to properly plan for their retirement while saving tax dollars today. Things like a Simple IRA, SEP IRA, Solo 401k plan , and Cash Balance Plans. To learn more visit: Contact: 860.522.3111 marketing@wadvising.com 280 Trumbull Street, 24th Floor Hartford, CT 06103 Music: ... ( 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 Saving tax dollars is a topic that is always on everyone's mind, and it is especially significant when it comes to retirement planning . A retirement plan not only helps one save money for the future but also provides potential tax benefits. In this article, we will explore the ins and outs of how to save tax dollars by investing in your retirement plan. Firstly, it is i

Are you a business owner that is finally starting to see some profits? You have been slugging away for several years and now you are finally in the black and you want to start thinking about retirement. You know that you need to save, but as a business owner you have a plethora of different retirement plan options that as an individual you didn't. If you are confused and bewildered and not sure what direction to go, I completely understand. I was in the exact same situation as you. I was a W2 employee, and then when I became a small business owner I now had many different options that I could choose from and initially it was overwhelming. It was easier doing it for the client, but now that I was actually on the business owner's side of things, the 1099 independent contractor side of things, I now wanted to make sure that I was doing the best retirement plan for me. If you are looking to see what retirement plan is best for you, here are a few options to

Learn alternative strategies to fund expensive homecare and assisted living in this webinar from Retirement Genius' Chris Orestis. Nothing in this video is intended to provide tax or legal advice or a solicitation to buy any security, investment, or insurance product or service. Consumers should always consult with their own tax, legal and/or financial advisors.... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As seniors age, the cost of homecare and assisted living can quickly become a major financial burden. Thankfully, there are alternative annuity strategies that can help fund these expenses while providing peace of mind for both seniors and their loved ones. 1. Immediate Annuities Immediate annuities are an excellent option for seniors who need a guaranteed stream of income to cover their homecare or assiste

Life Insurance Pension Plans Annuity Retirement Income Plans... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing If you're looking for a way to secure your financial future, you may want to consider life insurance pension plans, annuity retirement income plans, and other retirement options. These plans can provide a steady stream of income during retirement, helping you to maintain your lifestyle and ensure you have the resources you need to live comfortably. Life insurance pension plans are designed to provide a steady source of income for a retiree. They are typically funded with contributions from employers and employees, and are usually based on the employee's salary and length of service. The money is invested over time, and at retirement, the retiree receives a regular income. Some plans also include a death

We discuss a key retirement decision that retirees often face: choosing an annuity or a lump sum from their employer's retirement plan . We learn about the factors that need to be considered when making that decision.... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/choosing-an-annuity-or-a-lump-sum-from-an-employers-pension-plan/?feed_id=46915&_unique_id=638f2104d7810 #Inflation #Retirement #GoldIRA #Wealth #Investing #AnnaRappaport #consumers #DavidLittell #decisions #Plans #Qualified #qualifiedplans #Retirement #retirementdecisions #retirementincome #RetirementIncomePlanning #retirementplanning #RICP #RetirementAnnuity #AnnaRappaport #consumers #DavidLittell #decisions #Plans #Qualified #qualifiedplans #Retirement #retirementdecisions #retirementincome #RetirementIncom

There have been some horror stories regarding pension plans - but not all pension plans are alike. Newer pension plans are typically significantly different in their approach than the older ones.... ( read more ) LEARN MORE ABOUT: Keogh Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/39-two-generic-types-of-pension-plans/?feed_id=46411&_unique_id=638d3c4182647 #Inflation #Retirement #GoldIRA #Wealth #Investing #benefit #business #contribution #defined #economics #Finance #Fischer #investing #investment #michael #money #pension #Plans #saving #savingandinvesting.com #savings #KeoghPlan #benefit #business #contribution #defined #economics #Finance #Fischer #investing #investment #michael #money #pension #Plans #saving #savingandinvesting.com #savings