Timothy Sumer

Investing for our future is something we all know we SHOULD BE doing...yet many of us if we’re honest know we could be doing more. As a matter of fact, according to data from the St. Louis Federal Reserve, the personal savings rate in the United States is a paltry, 5.4%...Yikes! One of the MOST COMMON reasons I find that people are not saving and investing more is simply because they DON’T FULLY UNDERSTAND how various investment vehicles work. We say consistently in our office that “once people have all the facts, they’ll make the BEST DECISIONS for their family.” So I wanted to share this educational video that highlights one of the most common investment vehicles used in America today...the Traditional IRA in the hopes that it will help people better understand how these retirement vehicles work. Please note, this is not a recommendation for using a Traditional IRA - just an overview for educational & entertainment purposes. Before making any investment choices, ple...

The recent uptick in bond yields has triggered uncertainty in the global financial markets, increasing the need for better management of finances for the coming year. Individuals can embrace some money management skills to achieve financial confidence and financial security in 2021. It is important to take decisive financial actions without freaking out to breeze through the uncertain market environment. Watch this video for more info on this space by Kalkine TV To know more please visit our website : #kalkinemedia #financialhygiene #bondyields #financialsecurity #moneymanagement #stocks #marketenvironment #financialhygiene To get more updates about Australia, NZ, UK, Canada and US stock market news, investors education & insights, subscribe our channel at Check out our media Website 👉 Follow us and stay updated on the Go with the Market Charter 👇👇 Facebook - Twitter - LinkedIn - ... ( read more ) LEARN MORE ABOUT...

What types of retirement plans can not-for-profit organizations use? Help employees save for retirement and provide an employee benefit by setting up an employer-sponsored retirement plan. Learn the pros and cons of each option. This is a release of a 2019 video, but the main thing that has changed is the maximum dollar limits. Also, the quality of these videos is slightly better now... Nonprofits have traditionally used 403b plans, for the most part. That's still an option, and may even be the best option for some organizations. But you may also benefit from using 401k plans or IRA-based plans (like a SIMPLE IRA) for your staff. See the pros and cons of different types of retirement plans. We'll look at administrative fees, maximum contribution limits, matching and profit-sharing contributions, features like loans, and the ability to make after-tax Roth contributions to your retirement plan. There's also the issue of discrimination testing, which can be an i...