Timothy Sumer

In this video, Colin Exelby, CFP® explains the changes that are taking effect immediately and changes that will be phased in through Secure Act 2.0. It is divided into three sections to make it easier for you: • In the first section are changes that apply right now to people who are currently contributing. • In the second section are changes that apply right now for people planning for or taking retirement distributions. • In the third section are changes that will apply in the next few years. Secure Act 2.0 was pushed through on December 31st, 2022 and these retirement plan changes will affect everyone differently. It will affect you if you are contributing for retirement and It will affect you if you are withdrawing funds in retirement to live on. The hope is that these retirement changes will make it easier for people to save for retirement and give more options for withdrawing funds efficiently. TIMESTAMPS 3:37 - Changes Effective Immediately for Contributors 7:37 - R...

#RothIRAContribution #ExcessContribution #Taxes #RothIRA #PersonalFinance #IRS #financetips #FinancialEducation #retirementplanning Did you accidentally overcontribute to a Roth IRA? Did you realize your income was too high? Let's get it fixed. You can potentially use the Offset Strategy to fixed the issue. Watch the entire video to learn more. 👉 ⬇️ DISCLAIMER : Celestial Wealth Management, LLC is registered as an investment adviser in the State of Maryland and Texas. Neither the information nor any opinion constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instruments. This video is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementin...

#shorts #RothIRA #Retirement #personalfinance #retirementplanning Colin Exelby, CFP® explains why he believes Roth IRA Distributions will NEVER be taxed. Watch the Entire Video: ⬇️ DISCLAIMER : Celestial Wealth Management, LLC is registered as an investment adviser in the State of Maryland and Texas. Neither the information nor any opinion constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instruments. This video is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementing investment and planning strategies discussed in this video and should understand that statements regarding future prospects may not be realized. Nothing provided here constitutes ...

#shorts #retirement #rothira One of my 10 Year End Financial Planning Tips. December 31 is the deadline for current year Roth Conversions. You can't wait for next year for them to apply to this year's tax return. Consider a conversion if your situation warrants it. Your future self may be very happy. Save this and tag a business friend in the comments👇 P.S. Supercharge Your Financial Life with my free ebook, Accelerating your Path Toward Prosperity. ⬇️ DISCLAIMER : Celestial Wealth Management, LLC is registered as an investment adviser in the State of Maryland and Texas. Neither the information nor any opinion constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instruments. This video is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors sho...