Timothy Sumer

The new year brings new rules for your retirement accounts. Essentially it's now easier to tap into your funds, but should you? Personal finance expert Dan Roccato has the answer. #FOX7Austin brings you the important stuff like breaking news, weather, and local stories out of Central #Texas. But also plenty of fun stuff, like #GoodDayAustin, the best of our archives, and all those 'only-in-#Austin' stories. Subscribe to FOX 7 Austin: Download the FOX 7 Austin News app: Subscribe to the FOX 7 Austin newsletter: More from FOX 7 Austin: Got a news tip? Call us at 512-472-0988 or email us: ktbcnews@fox.com... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As Americans continue to plan for retirement, it can be difficult to keep up with the constantly changing regulations and rules surrounding 401K retirement accou

#tax #retirement #finance Roth IRAs and Roth Conversions can be very powerful for long-term retirement planning . But, are you in a situation where you may be making too much money to contribute to these accounts? Chris Heerlein of REAP Financial out of Austin, Texas is here to discuss Roth IRAs and Roth Conversion strategies for higher income earners. One strategy you may not be taking advantage of is backdoor Roth Conversions which allow you to put money into a traditional IRA, even if you are a high earner.  To learn more about Roth IRA and Roth Conversion strategies for high earners, contact our Austin financial planners at  Lastly, don't forget to email us at retire@reapfinancial.com to receive our latest report, ""Roth Decision Guide"".... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Roth IRAs and Roth conversion

you've heard of the power of Self-Directed IRAs. "Now...Should I choose a Traditional IRA or a Roth IRA? Which account is best for me?" Both are phenomenal accounts that offer their own benefits. It truly depends on what you are looking for! Juan Deshon, CISP goes over some of the key differences of the Traditional IRA versus Roth IRA and how you might choose one over the other. DISCLAIMER: Quest Trust Company does not render tax, legal, accounting, investment, or other professional advice. If tax, legal, accounting, investment, or other similar expert assistance is required, the services of a competent professional should be sought. Thank you for watching this video! Please remember to like and subscribe to see more IRA and educational content, and check out our channel for more videos! Also, be sure to visit our website for FREE weekly online classes! For any other information on our company, or for setting up your free consultation with an IRA Speci