Timothy Sumer

Video from Facebook live stream from the Facebook group, "Taxes in Retirement," from September 23, 2020. Summary of the nine exceptions to the 10% penalty for making withdrawals from an IRA before age 59 1/2. To join Taxes in Retirement - #TaxPlanning #RetirementPlanning #FinancialPlanning DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.... ( 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 The Internal Revenue Service (IRS) imposes a 10% early withdrawal penalty on individuals who wi

Discussion of the the main topics to consider when deciding when to start your Social Security benefits Links in this video: retirement planning Insights - Taxes in Retirement - #RetirementPlanning #TaxPlanning #SocialSecurity DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.... ( 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 When it comes to planning for retirement, one of the most important decisions you will make is when to start Social Security. With so many options and factors to cons

In this video we respond to a question about utilizing a Roth IRA and Rule 72t. Since a Roth IRA has different tax treatment than a traditional IRA there could be opportunity for early withdrawal that would not require the utilization of the substantially equal periodic payments allowed under the 72t rule. Since that rule has several strict requirements and not much flexibility, it could very well make sense to explore what other options are available to you to make a penalty free early IRA withdrawal, particularly if you are looking to utilize your Roth IRA. Watch the video to learn more. 🔴 SUBSCRIBE for more COMPLIMENTARY tips: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝BECOME OUR CLIENT: It only takes 2 steps ➡️ 1. Watch our complimentary (60min) Masters Academy to ensure retiring with confidence is something you are ready to commit to. 2. Once you watch the video you will be prompted to apply to become our client. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📲CONNECT WITH US ON SOCIAL MEDIA: Ins