Timothy Sumer

00:00 Intro 01:08 Brokerage Account 01:43 IRA 03:43 Employer Sponsored Plans 04:48 Brokerage Account 05:55 Unrestricted Access 07:52 Taxes & Fees 09:13 Interest On Cash Some of my favorite books: Camera & equipment I use: Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: Thanks for watching, I appreciate you!... ( 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 My Favorite Investment Account & Only 35% of Investors Use It When it comes to investing, there are countless options available to individuals looking to grow their wealth. From stocks to bonds, real estate to cryptocurrency, the possibilities may seem overwhelming. However, there is one investment account t...

If you are self-employed or small business owner and utilize the SEP IRA, it will have zero impact as to the ability to perform a Backdoor Roth IRA if you are over the contribution limits to directly contribute to a Roth. -- Learn more about the Backdoor Roth 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-c...

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...

Individual retirement accounts (IRAs) are a great way to save for retirement, but some special rules apply. This video focuses on required minimum distributions (RMDs) for traditional, SIMPLE and SEP IRA owners who are 70 1/2 or older.... ( 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 Required Minimum Distribution (RMD) is the amount of money that individuals are required to withdraw from their Individual Retirement Accounts (IRAs) and other retirement accounts each year once they reach the age of 70.5 years. The RMD is subject to tax and helps ensure that individuals don't accumulate assets in their retirement accounts indefinitely. The IRS has set specific rules for calculating and distributing RMDs for IRA owners, which must be followed to avoid penalties. The RMD is calculated based on the account balance, the IRA owner's age, ...

Adam Bergman discusses what it means to be self-employed, the different retirement plan options you have, and which is the best one to set up. -- Learn more about self-employed retirement plans: -- 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 Group 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...

Hi this is Paul Sullivan, CPA and one of the most frequent questions asked of me is what kind of pension or retirement plan should I have for me or my company. Should I have a Simple plan, a SEP, 401k or IRA and so on. On the webinar my team & I here at Sullivan & Company answer that question, plus talk about the pros and cons of each and answer your questions on the topic. To learn more about Pensions and retirement plans go to: The link to this video is: ... ( 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 https://inflationprotection.org/what-kind-of-pension-plan-should-you-have-as-a-business-as-an-employee-or-a-retiree/?feed_id=53768&_unique_id=63a9818ee025c #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #Accountant #BenPerron #CertifiedPublicAccountantProfession #ChrisBailey #cpa #ira #PaulSullivanCPA #p...

Yes! Your business can have an IRA called a SEP - Simplified Employee Pension - Learn more here - ... ( 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 https://inflationprotection.org/can-my-business-have-an-ira/?feed_id=47244&_unique_id=6390530db6ee9 #Inflation #Retirement #GoldIRA #Wealth #Investing #BusinessIRA #KaarenHall #retirementaccount #retirementinvesting #sdira #selfdirectedira #SEP #Simple #uDirect #udirectira #SEPIRA #BusinessIRA #KaarenHall #retirementaccount #retirementinvesting #sdira #selfdirectedira #SEP #Simple #uDirect #udirectira

If you are self-employed, you MUST take advantage of the tax saving tips from your retirement accounts. You can contribute MORE, which means pay LESS TAX. This is nothing new. We just didn't know about it until recently. God, I wish someone would have told us this before!... ( 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 https://inflationprotection.org/retirement-accounts-for-self-employed-which-is-so-much-better-than-employment/?feed_id=41406&_unique_id=6379df2ea96d6 #Inflation #Retirement #GoldIRA #Wealth #Investing #howtoinvest #iracontributionlimits #IRAContributions #retirementaccounts #retirementaccountsforselfemployed #ROTH #RothIRA #savetaxonretirementaccounts #selfemploymentretirementaccounts #SEP #Solo401k #SEPIRA #howtoinvest #iracontributionlimits #IRAContributions #retirementaccounts #retirementaccountsfors...

► Interested in learning more about retirement, Crypto IRAs, or the iTrustCapital software platform? Head to iTrustCapital.com now. Wondering what all the acronyms mean? We’re here to help answer your frequently asked questions. Whether you’re a retirement term expert looking for a quick refresh or a newcomer to Crypto IRAs, iTrustCapital is here to provide some info! ◄ Chapters: 00:00 Intro 00:14 What is an IRA? 00:18 Traditional IRA 00:38 SEP, SIMPLE, & Rollover IRA 00:56 Roth IRA 01:22 Outro Transcript: IRA stands for individual retirement account . In a Traditional IRA, the individual can invest funds BEFORE paying income tax, while taxes are deferred. Capital gains refer to money made over the principal amount invested. When taking a distribution from an IRA after the age of 59 and a half, the money is taxed as ordinary income rather than capital gains. The same concept applies to Simplified Employee Pensions (otherwise known as SEP IRAs), Savings Incentiv...

This video will illuminate you by showing you how the tax rates make a significant effect on either your ROTH or Traditional savings account. Instead of telling you which one is best, it shows you the difference it can make depending on the tax rate you start and end so you are the one that who finally can make the decision.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/the-beauty-and-the-ugly-of-roth-and-traditional-iras/?feed_id=37710&_unique_id=636ba86805217 #Inflation #Retirement #GoldIRA #Wealth #Investing #BestTaxRates #hightaxrates #HowtoknowwhichIRAisbest #howtoretire #ira #Lowtaxrates #Retirement #ROTH #SEP #Simple #tax #TaxRates #traditional #whichiraisbest #TraditionalIRA #BestTaxRates #hightaxrates #HowtoknowwhichIRAisbest #howtoretire #ira #Lowtaxrates #Retirement #ROTH #SEP #...