Timothy Sumer

Want to know more about the services we offer and how we can work with you and your specific goals- Give us a call or email us. 214-423-4200 ndenson@meritfa.com www.meritfa.com... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Retirement planning is an essential part of financial planning, and it is imperative to consider the options available when it comes to receiving retirement funds. One of the most significant decisions you need to make is whether to take your retirement funds in the form of a lump sum or an annuity. A lump sum is a one-time payment that you receive when you retire. An annuity, on the other hand, is a series of payments that you receive at regular intervals, typically monthly. To help us understand the differences between an annuity vs. lump sum, we spoke with Blaine Malcolm, a financial expert wi...

As tax rates hit historical lows, Doug provides some historical context on the 401k and asks if now is the time to retire your 401k and put your savings elsewhere. Visit our website at Call the Maximum Wealth office at 706-876-0844 for more information and personalized financial advice!... ( 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 When it comes to retirement planning, many people rely on their 401k accounts to fund their golden years. However, there may come a time when you need to cash out your 401k, and it's important to understand whether this is the right decision for you. First and foremost, it's important to note that there are penalties for withdrawing money from your 401k before age 59 1/2. You'll typically face a 10% penalty on the amount withdrawn, on top of income taxes you'll owe on the money...

Got a new job? Congratulations. Now, what are you going to do with that old 401k? »»» Subscribe to Money Talks News here to watch more videos: »»» Connect with us online: Like Money Talks News on Facebook: Follow Money Talks News on Twitter: Sign up for the Money Talks Newsletter: »»» About Money Talks News: Our goal is to help you reach your goals by telling stories that matter to you. Stories that offer specific advice on saving more, spending less, investing, and avoiding debt – without making your eyes glaze over.... ( 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 you change jobs, you may face a significant decision: what to do with your 401k plan. A 401k is an employer-sponsored retirement savings plan, which comes with tax benefits and investment options. It is essential to consider some factors and take proactiv...