Timothy Sumer

Backdoor Roth IRAs - What is it and is it appropriate for you? Ask yourself, do you fall under the designated income limitations that prohibit you from contributing to a Roth IRA? Do you even know what those limitations are? To help answer some of those questions, watch the video. Sit down with a financial advisor to discuss the complex tax strategies. Reach out to us at 614-635-0102.... ( 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 A Backdoor Roth IRA is a smart investment tool for high-earning individuals who want to enjoy the benefits of a Roth IRA but cannot contribute directly to it. A Roth IRA is a tax-free retirement savings account that requires contributions after taxes, but the account's earnings and withdrawals are tax-free. However, there are income restrictions to who can contribute to a Roth IRA. For tax year 2021, the Roth IR...

Is your income too high to contribute to a Roth IRA? Are you concerned that doing post-tax contributions to the PrAP will create more RHA spillover than what you want? Well, if you have not heard of it there is something called a back door roth ira that can help you get around both of these obstacles. But then, there’s a third obstacle to the back door Roth IRA and that’s paying taxes on existing IRAs when doing these conversions. With the PRAP available to us there is a way around that too. That’s what this video is about. CONTACT DAN: OUR WEBSITE: My Video Library:... ( 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 Back Door Roth IRAs and the PRAP: Avoiding Aggregation for High Earners Saving for retirement is essential for everyone, but high earners often face limitations and restrictions when it comes to contributing to ta...

What are backdoor Roth IRAs – What is a backdoor Roth IRA account? 1-800-566-1002 . What are the best backdoor Roth IRA accounts for retirement and learn how you can avoid the most common mistakes that individuals have made when looking to set up a backdoor Roth. In this video, we will cover everything you need to know about maximizing your retirement savings through this powerful investment tool. Learn about the ins and outs of Backdoor Roth IRA and discover how you can start taking advantage of it today. Video Content: - What is Backdoor Roth IRA and how does it work? - How to make the most out of your Backdoor Roth IRA contributions - The benefits of Backdoor Roth IRA compared to traditional IRA options - Common misconceptions about Backdoor Roth IRA and how to avoid them - Step-by-step instructions on how to set up your Backdoor Roth IRA - And much more! Don't miss this opportunity to gain valuable insights and information on Backdoor Roth IRA. Whether you...