Timothy Sumer

This is your stimulus check and stimulus package update for November 13th, where we release key details on the upcoming relief bills in Congress. Get 2 FREE Stocks From WeBull: With the Build Back Better plan and bipartisan infrastructure bill currently being debated on in congress, both bills have a chance to pass within the next couple of months. Follow along for key updates along the way on both stimulus bills! Rental Relief - National Low Income Housing Coalition Rental Assistance Programs - Consumer Financial Protection Bureau - Check California Payment Status - Child Tax Credit Sign Up - SNAP Benefits Increase (Check your state) - $1,400 Stimulus Check For Social Security Recipients - $2,000 Recurring Stimulus Payments - Get 2 FREE Stocks From WeBull: Get a FREE Stock from Robinhood: Join Rakuten, Spend $30, Receive $30 Back + Cash Back on every purchase - Follow me on Instagram: #stimulus #stimuluscheck #buildbackbetter... ( read more ) HOW

Will the “Build Back Better” Plan Eliminate Roth IRAs - Mega Backdoor Roth IRAs for Good? SUBSCRIBE to NOT being a transaction ever again... Like us on Facebook! Follow us on Twitter! The recent version of the Build Back Better Act has brought back retirement law changes that will curb high balance accounts and popular wealth building strategies including backdoor Roth IRAs and after-tax 401(k) contributions. The goal: Tax the wealthiest taxpayers to help pay for the new Social and Climate bill that is currently being debated in Congress. History of Roth: A Roth IRA can be a great way to save for retirement since the accounts have no required minimum distributions and you withdraw the money tax-free. The Roth IRA was introduced as part of the Taxpayer Relief Act of 1997. Is named for Senator William Roth, the author/founder Here’s some of the fine print: Backdoor Roth IRA’s Backdoor Roth IRA’s – These are where someone makes too much to contribute to a Roth IRA, and t