Timothy Sumer

In this episode of Getting Real, discover why your financial advisor or current retirement plan services provider may not inform you of investing in alternative assets. 0:00 Intro 1:07 Why your financial advisor is not providing you with information about investing in alternative assets 2:38 Public and private market advisors 3:04 How to access WealthBridge 4:02 Education gap 5:28 Can I convert an existing traditional 401(k) to a Roth IRA? Discover more on WealthBridge here: ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA We all need financial guidance at some point in our lives. Whether it's planning for retirement, managing debt, or saving for a major purchase, seeking the help of a financial advisor seems like a logical step. However, there are some things your financial advisor won't tell you that you should...

Welcome to our video on the top 5 gold IRA companies you should consider. In this video, we'll be reviewing and analyzing the best gold IRA companies in the industry to help you make an informed decision about your retirement investments. You can see our list of unreliable gold IRA companies here: oprs.org is our website Our team of experts has conducted extensive research and analysis to provide you with an unbiased review of each of the top 5 companies. We'll cover a range of topics, including each company's reputation, fees, investment options, and customer experience. We'll also discuss the benefits and risks of investing in gold through an IRA, and provide you with insights on how to evaluate and choose the right company for your needs. Whether you're a seasoned investor or new to the world of gold IRAs, this video is a must-watch. We'll provide you with valuable insights that will help you make informed decisions about your retirement savi...

In this episode of JB Answers! John breaks down how Roth IRAs differ from Traditional! Still have questions? Submit yours now followed by #AskETC #rothira #education #youtubeshorts #youtube #IRA #investors #investing #realestateinvesting... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA What's the difference between a Traditional and Roth IRA? When it comes to planning for retirement, Individual Retirement Accounts (IRAs) are an excellent tool that offer tax advantages. However, not all IRAs are created equal. Two popular types of IRAs are Traditional and Roth IRAs. Understanding the differences between them can help you make an informed decision about which one best suits your needs. 1. Tax Treatment: The key difference between Traditional and Roth IRAs lies in their tax treatment. With a Traditional IRA, contributions may be ta...

IRA investment possibilities are nearly endless – in fact, the IRS lists only a few investments that are NOT permitted in a retirement account . Equity Trust's National Education Specialist, John Bowens, breaks down prohibited transactions, what you can invest in, and what you can't invest in with your retirement account . Individuals can choose to use their retirement accounts to invest in alternative assets such as fix and flips, rental properties, privately-owned companies, cryptocurrency, and more... but find out what you are not permitted to invest in with a self-directed IRA, self-directed Roth IRA, or other tax-advantaged account. Download Your Free Guide to 7 Alternatives Outperforming the Stock Market: Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever makin...

Discover how IRA's differ from 401ks in this episode of JB Answers! Have a question? Comment it below with #AskETC #youtube #youtubeshorts #realestateinvesting #IRA #401k #401kplan #education #investing #fyp... ( 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 What's the Difference between an IRA and 401(k)? When it comes to retirement planning, two common investment options that often grab people's attention are Individual Retirement Accounts (IRAs) and 401(k) plans. While both serve the same purpose of providing a means to save for retirement, they differ in terms of eligibility, contribution limits, and employer involvement. An IRA is an investment account established by an individual to save for retirement. It can be opened through financial institutions, such as banks, brokerage firms, or credit unions. An IRA ...

What is the difference between a Spouse Beneficiary and a Non-Spouse Beneficiary? What should you expect if you inherited an IRA after 2020? What factors should you consider when deciding on a beneficiary prior to the Secure Act 2.0? In this video, John Bowens, Director, Head of Education and Investor Success at Equity Trust Company, explains the ins and outs of Beneficiary IRAs, also known as Inherited IRAs. Can you Self-Direct your Beneficiary IRA/Inherited IRA? The answer is yes! Download our guide to Self-Directed IRA Rules and Regulations: Timestamps 0:00 Intro 0:49 What is a Beneficiary IRA/Inherited IRA? 1:23 What are the three classifications of beneficiaries to retirement plans? 2:11 Spouse Beneficiary vs. Non-Spouse Beneficiary 7:29 What is a Non-Designated Beneficiary? 8:20 What to know if you inherited an IRA prior to 2020 11:00 Inherited IRA rules after the Secure Act 13:28 What is an eligible designated beneficiary? 15:36 H...

Access the Ultimate Guide to the Self-Directed Solo 401(k): Free guide reveals: - How you could possibly deduct $57,000 or more from your next tax bill - How to boost your buying power on your real estate or other investments - The unique qualifications for a solo 401(k) - A simple way to determine if you’re eligible for the account Solo 401(k)s, also known as Individual 401(k)s, give small business owners the power to invest more, deduct more, and save more. John Bowens walks through some of the attractive characters of a Solo 401(k) and why this is potentially a beneficial account type for people interested in investing in alternatives such as real estate, tax liens, joint ventures, and more. Although a Solo 401(k) can be an advantageous account, it may not be better than a Self-Directed IRA for some investors. John Bowens explains the differences between a Solo 401(k) and Self-Directed IRA to help investors determine which account may be best for them. Visit T...

Discover what's possible with a Self-Directed Account: Are you concerned that your real estate market is pricing you out of self-directed investing because you don’t have enough capital in your retirement account ? In this recording of a Facebook Live session with John Bowens, he explains how self-directed investing could work for you, regardless of market conditions. During his presentation, he reviews: · How investors are using their retirement accounts to purchase real estate in different types of markets · How investors are partnering their IRAs with other funding sources · How debt financing works with an IRA Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment decision, please consult with your tax attorney or financial professional to determine...

Pete Schindele - Solo 401k: The Biggest Tax-Saver ROYAL LEGAL SOLUTIONS Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth. **************************************************************************** MEET THE HOST Pete Schindele, CFO, CPA, Royal Legal Solutions. Pete is from Boise, Idaho, where he attended the University of Idaho and earned a Bachelor of Science in Business, majoring in Accounting and Finance. Pete has been a licensed CPA in the Sta...

A self-directed individual retirement account (SDIRA) is a type of individual retirement account (IRA) that can hold investments that a typical IRA cannot, such as precious metals, commodities, and real estate. Today’s guests debate the pros and cons of a self-directed IRA and who should invest in such a vehicle.  John Bowens, Sr. Retail Sales Manager and National Educator for Equity Trust Company says, “The first mistake investors make is trusting a 3rd party.” A custodian isn’t going to do its due diligence to ensure it's a safe and sound asset. The investor in a self-directed IRA acts as their own financial planner.  Tom Wheelwright, Rich Dad Advisor on Taxes says, “You have a lot more freedom, but it also brings a lot more responsibility.” Wheelwright goes on to explain from a tax position, the benefits and downsides of an IRA.  Hosts Robert and Kim Kiyosaki and guests John Bowens, Jeff Desich, and Tom Wheelwright discuss the pros and cons of a self-directed IRA,...

In this video, John Bowens, Equity Trust's National Education Specialist, answers the commonly asked question, "How do you move money from another retirement account into a self-directed IRA?" in regards to a variety of employer-sponsored and non-employer-sponsored retirement account funds that you may be wanting to transfer to your self-directed IRA. Start a conversation with an IRA Counselor to learn more: Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust Company is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment decision, please consult with your tax attorney or financial professional.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Inv...

In this video, John Bowens explains how to make a backdoor Roth IRA contribution and what factors into how much you can contribute and what is taxable. Start a conversation with an IRA Counselor to discover which account may be best for you: A backdoor Roth IRA contribution is an industry term that refers to a contribution to a traditional IRA that you immediately convert over to a Roth IRA. Modified adjusted gross income (MAGI) is adjusted gross income with certain exclusions added. Your MAGI will determine whether you can contribute directly to your Roth IRA or if you will need to make a backdoor contribution. Income restrictions will depend on if you file taxes as single, married filing jointly, or married filing separately. If you are a single filer: - MAGI below $129,000 means you can make a full contribution to your Roth IRA - MAGI between $129,000 and $144,000 means you can make a partial contribution - MAGI above $144,000 means you cannot make a contribution If...

Where and How Equity Trust Clients are Investing in Real Estate Download the Free Real Estate Market Report: The trend of individual investors diversifying their retirement accounts to include a broad range of assets continues to grow. Often referred to as self-directed IRAs, real estate is one of the most popular assets for self-directed investors, and the 2019 Self-Directed Real Estate Market Report provides data on real estate investments made by self-directed investors. As a leading custodian of self-directed IRAs, Equity Trust researched 10 years of client data related to investing in real estate to produce this report. What states have the highest and lowest real estate purchase price? What is the average real estate purchase price? Find the data to answer those questions. Learn more about Real Estate IRAs and the Real Estate Market: - Where are clients purchasing real estate (by region and by state) - Types of properties purchased by region - Northeast region ...