Timothy Sumer

This video is about the decisions you need to make after layoff when your employer sponsored retirement plan and group life insurance ends. Do you leave it, move it, roll it or take it and the consequences of those decisions. Your decision may impact your taxes and unemployment insurance benefits.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Retirement Fund Options After Layoff: Exploring New Paths to Ensure Financial Security Losing a job can be a challenging experience both financially and emotionally. The sudden absence of a regular income can disrupt even the most carefully planned financial strategies, especially when it comes to retirement funds. However, there are several options available to individuals who have been laid off and want to safeguard their retirement savings. 1. Roll Over the 401...

Keep It Simple, Stupid – KISS. That is the best advice I can give for one’s retirement. The more complex your retirement plan the harder it will be to keep to it. Thus, the beauty of the 2-Bucket Retirement Plan. It works just like this. You need $50k a year in income. You get $30k from Social Security. You need to make up the extra $20k from portfolio distributions. In bucket 1, you then keep 3 years worth of that $20k into a safe account, checking and laddered CDs. In bucket 2, you invest in a diversified equity portfolio. Every year, when the market gives you gains, you take those gains and put them into the first bucket. If the market is down and your portfolio has lost ground, you leave it be. Literally that simple. Notice though in bucket 2 there are NO bonds. The reason is that your income, Social Security, pensions etc. should be viewed as your bond portfolio. So, given you have the bulk of your income coming from bonds there is no reason to add MORE bonds. You...

Ever tried to blow up your retirement plan? If not, you better watch this video. You know what they say about best laid plans... Business Inquiries: info@wellbuiltwealth.ca Well Built Wealth: Intro (0:00) Planning for Storms (0:25) Stress-testing Your Retirement Plan (1:30) High Inflation (2:15) Lame Investment Returns (2:53) Market Crash (3:10) Early Death of a Spouse (3:29) A Whole Bunch of Bad at Once (4:13) Strategizing in Advance (5:13) Outro (6:22) DISCLAIMER: All videos on this channel (including this one) are for educational or entertainment purposes only. They are not (and are not intended to be) financial, investment or legal advice. It is our firm position that everyone has a unique situation and should seek professional advice on how best to navigate it. Rhys Martell is a Chartered Investment Manager (CIM), a Fellow of the Canadian Securities Industry (FCSI), a Qualified Associate Financial Planner (QAFP) and more. However, he is not registered to provid...

Plan sponsors must remain vigilant in their approach to retirement plan benefits legal compliance, and with so much going on both in and out of the legislature, the content of this webinar is sure to provide actionable recommendations to run a compliant plan that has the ability to attract and retain top talent while being forward-thinking in its approach to plan design and risk mitigation. The HBL team covers Secure Act 2.0, the DOL’s increasingly vigilant enforcement of cyber security requirements, updates to the Employee Plans Compliance Resolution System (EPCRS), forms 5500 changes, missing participants issues, and more. HBL Managing Partner Anne Tyler Hall and Lead ERISA Counsel Phil Koehler present a comprehensive retirement plans legal compliance update for plan sponsors, in-house and general counsel, and retirement plan professionals.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO...

Make Lucia Capital Group your first stop on the path to retirement. Watch live shows, view video clips on demand, and read our informative articles to get educated today! Visit for more Subscribe to our channel: Follow Lucia Capital Group on Twitter: Like Lucia Capital Group on Facebook: ... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing New Rules for Hardship Retirement Plan Distributions: A Guide for Savvy Investors Planning for retirement can be a challenge, and unexpected financial hardships can make it even more difficult. Fortunately, the recently updated rules for hardship retirement plan distributions aim to provide relief to individuals facing financial distress. These changes provide greater flexibility for retirement plan participants, allowing them to access their retirement savings when...

Every day companies large and small make decisions to combine forces. In fact, in 2018, there were nearly 15,000 mergers or acquisitions spanning all major industry sectors. A crucial aspect of any merger or acquisition - and one that is often neglected until late in the process - is the handling of qualified retirement plans. These transactions can be complicated, so don’t make the mistake of ignoring the impact to the retirements plans until late in the transaction. Join Scott as shares insights into key considerations and options during M&A.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing PENTalk is a revolutionary platform that seeks to empower employees and ensure their voices are heard during mergers and acquisitions (M&As). In the midst of these complex business transactions, it is easy for ...

... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing retirement planning : A Tour of Retirement Plan Types Preparing for retirement is essential if we hope to maintain a comfortable lifestyle after years of hard work. While Social Security benefits can provide some level of financial assistance, they are typically not enough to sustain the lifestyle we desire. This is where retirement plans come into play. Retirement plans come in a variety of types, each offering different benefits and advantages. It's important to understand these options so we can make informed decisions about our financial future. In this article, we will take a tour of some popular retirement plan types. 1. 401(k) Plans: 401(k) plans are employer-sponsored retirement plans. They allow employees to contribute a portion of their sala...

In this video, Colin Exelby, CFP® explains the key retirement plan deadlines you need to know before the year ends! Whether you're a business owner, have a SIMPLE or SEP IRA, or found yourself over-contributing to a Roth IRA in 2022, we've got you covered. Make sure your financial strategy is on track as we approach the new year! Top Personal Finance Tools: #1: ★☆★ Rocket Money (originally called TrueBill) ★☆★ #2: ★☆★Personal Capital ★☆★ OTHER RESOURCES ★☆★ Financial Freedom 2023: How to Create a Tax-Free Retirement Income ★☆★ ★☆★ How to Create a 💯 % Tax-Free Retirement Income PLAYLIST ★☆★ ★☆★ Book Your Free Consultation! ★☆★ ★☆★Gusto Bookkeeping★☆★ [About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management. I provide financial planning for business owners and their families that makes sense. Transformational change is made when you focus on...

What are IULs for retirement - What is an IUL for retirement? 1-800-566-1002 What are the best types of IUL plans for retirement and learn how you can avoid the most common mistakes that individuals have made when looking to purchase an IUL for retirement. Indexed Universal Life (IUL) for Retirement: A Tax-Free Income Strategy retirement planning is a crucial aspect of financial stability and peace of mind in our golden years. While there are various strategies to build retirement income, one option gaining popularity is indexed universal life insurance (IUL). In this article, we will explore the concept of IUL for retirement, its benefits, and its pros and cons. What is Indexed Universal Life Insurance (IUL)? Indexed universal life insurance is a type of permanent life insurance that combines the benefits of life insurance coverage with a cash value component. Unlike traditional universal life insurance, an IUL policy allows policyholders to allocate their cash value ...

Offering multiple benefits for retirement savings, learn about the different characteristics of investing after-tax dollars compared to pre-tax dollars.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing HTLF Retirement Plan Services recently hosted a webinar titled "To Roth or Not to Roth," where experts explained the benefits and considerations of converting a traditional retirement plan to a Roth account. The event proved to be highly informative, guiding participants in making informed decisions about their retirement savings. The webinar began with an overview of the key differences between a traditional and Roth retirement account . A traditional account allows contributions to be made pre-tax, reducing participants' taxable income in the year of contribution. However, withdrawals during ...

#Digital_Practical_CFP_Coaching #Whatsapp_CFP on 9167362201 / 9930751709 for more Detail #Financial_WELLNESS_Coach #INDIAs_Best_CFP_COACH #KEYUR_SHAH #CERTIFIED_FINANCIAL_PLANNER We have successfully completed our Batch 2: Be a RETIREMENT COACH to your Investor Family on 13th to 15th February 2019, Mumbai. 6 Participants attended Learning Workshop. 1) Hariharan ji, Sr. IFA, Mysore 2) Ram Rao, Sr. IFA, Bangalore 3) Rajeev Goel, Sr. IFA, Delhi 4) Sagar Kelji, IFA, Virar 5) Srikanth ji, Sr. Manager, SBI, HYD 6) Vaibhav Singhania, Aspiring IFA, Yavatmal Pls Invest 5 to 7 hrs on below links & post u can Whatsapp / call on 9167362201 / 7021562191 for 5 to 7 minutes free discussion between 5pm to 8pm OR #Whatsapp_ADD on 9167362201 to receive regular broadcast messages #CFP certification from FPSB USA is considered the #GOLD_Standard in a Personal Financial Wellness Planning & having 1,90,000+ Practitioners across Globe but in India has only 1900. India's 1st...

Learn more about the @NeoFinancial Cashback Mastercard here: Get a $50 credit + receive 15% cashback on your first purchase with this link! #NeoFinancial #MeetNeo #sponsored Figuring out what your CPP payment will be is an extremely complicated process, but these 3 calculators will give you a good idea of what it should be, assuming your situation is on the simpler side. If you are on CPP disability, the survivor pension, or have child dropout years, then these calculators probably won't be as useful. In those situations, it will be helpful to reach out to Doug Runchey for his services at Calculator 1: Calculator 2: Calculator 3: Doug Runchey's article on CPP's formula: If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services a...

In this session, I discuss retirement saving contribution credit. ✔️Accounting students or CPA Exam candidates, check my website for additional resources: 📧Connect with me on social media: #cpaexam #cpaexaminindia #cpaexamreview... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Retirement Savings Contributions Credit: A Tax Break Worth Knowing retirement planning is an essential aspect of financial stability and security, particularly as one approaches their golden years. It is crucial to save and invest wisely to ensure a comfortable retirement, and the government recognizes this by offering various tax incentives for retirement savings. One such incentive is the Retirement Savings Contributions Credit, commonly known as the Saver's Credit. The Saver's Credit is a tax credit des...

How to Consolidate Retirement Accounts? How to Combine Retirement Accounts? With workers changing jobs every few years, many people have multiple retirement accounts. You might want to combine these accounts so they are easier to manage. Alternately, you might think that one is better than the others, so you want to transfer all of your retirement funds into it. Combining account is easy. Most of the legwork will go into deciding which accounts you can combine. If you need help, meet with a financial planner. Consolidating retirement accounts can help simplify your financial life and make it easier to manage your investments. Here are the steps to consolidate your retirement accounts: Identify your retirement accounts: Make a list of all your retirement accounts, including 401(k)s, IRAs, and other retirement plans. Determine if consolidation is right for you: Consider the benefits of consolidating your accounts, such as simplifying your finances, reducing fees, and pote...