Timothy Sumer

Don't lose your retirement account because you're all-in the stock market the next time it tanks. Get your free Gold IRA/401k Rollover and gold investing kit here: As the stock market has shown us in the past 2 weeks, the Dow Jones, Nasdaq and S&P500 are anything but a sure thing investment. Dropping almost 3,000 points in 10 days, this has become a wake-up call for intelligent investors and those facing retirement. Other underlying fundamental economic indicators include: *A loss in the US Dollar index (i.e. value of the US dollar) of over 11% in less than one year *Increase in the US Federal debt to 20.6 Trillion *Drop in the purchases of home sales *No real wage increases for American workers *Inability of Federal Reserve to raise interest rates in a meaningful and significant way *Increase in company mergers and the number of company stock share buybacks *Historic All-Time Highs of P/E Ratios (price/earnings ratio) info from: ... ( read more )

In the recent presidential debate, NY Times has reported that Trump only paid $750 in federal income taxes in 2017. So in today's video, I'm going to talk about what a Mega Backdoor Roth is (which is one of the biggest tax hack), its eligibility criteria and a detailed walk-through on how to set it up at Vanguard via its Roth In-plan Conversion. You can also deploy the same strategy with Charles Schwab or Fidelity if they are your employer retirement sponsor. I would recommend Mega Backdoor only if you have already max'ed out pre-tax 401K, HSA or Roth IRA (you can check out details in this video: 0:00 Intro 1:24 What is Mega Backdoor Roth 1:54 Difference between Pre-tax, Roth and After-tax 401K 4:52 Eligibility Criteria 6:16 How to Set Up via Vanguard (Roth in-plan conversion) ***RECOMMENDATIONS*** What Video to Watch Next? Right order to contribute to 401K, IRA, and HSA: How to Set up Backdoor Roth: Mega Backdoor Roth via In-service Distribution: ________