Timothy Sumer

5 GREAT REASONS TO LOVE HSA'S! 2022 contributions -$3,650/individual , $7,300 Couple and $1,000 catch up if over age 55 Qualifying High Deductible Health Plan (HDHP) annual out-of-pocket cannot exceed $6,900 for self coverage and $13,800 for family. Link to HDHP video - High Deductible Health Plans (HDHP) With HSA! SCHEDULE A ZOOM MEETING WITH BRAD: Get more info today! Click below: You can reach me at brad@fortunefinancialgroup.com or website www.fortunefinancialgroup.com Link to Deeper Dive into HSA video - HSA Accounts - a Deep Dive Into Health Savings Accounts How much can you contribute? Who Can Use HSA’s? What about the burden of having a high medical insurance deductible? How does the money grow in a Health Saving Account? Blog Post - Health Savings Accounts are Fantastic for Retirement! Learn about best ways to invest money in 2018. And don’t forget to visit and learn more here: Don’t Forget To Subscribe - ... ( read more ) LEARN MORE ABO

Stretch IRA's, RMD's, Inherited IRA's , QCD's and IRA penalty free distribution exception for IRA.I'll give you an explanation of the 5 parts of the new law that are most likely to impact your finances. RMD changes and Stretch IRA is dead. Check out www.bradrosley.com for many educational posts. brad@fortunefinancialgroup.com... ( 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 The SECURE Act, which came into effect on January 1, 2020, introduced significant changes to retirement planning . One of the most significant changes is the elimination of the Stretch IRA provision. This provision allowed non-spouse beneficiaries of an IRA to stretch out distributions over their lifetimes, significantly reducing the tax burden on inherited IRAs. However, under the new SECURE Act, non-spouse beneficiaries must distribute the entire IR