Timothy Sumer

================================ Sign up for email list here. Find this video of value? Buy me a cup of coffee! Get Your Own Pablo Retirement Gear: Follow me censorship-free! My course "Can I Retire" will help reduce your stress when it comes to retirement planning. Get it here: and don't forget there IS a 30 day money back guarantee if you're not satisfied! Get my books on Audible here: My Amazon Product page: Anything you buy there Amazon pays me a commission. Much appreciated! GET MY BOOKS: ALL are FREE to Kindle Unlimited Subscribers! You Can RETIRE on SOCIAL SECURITY: The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It: Strategic Money Planning: 8 Easy Ways To Put Your House In Order GET ALL MY LATEST BLOGPOSTS: ... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN

IRA Non-spouse beneficiary stretch - post Secure Act... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA IRA Charitable Trust for Non-Spouse Beneficiaries: A Powerful Tool for Giving Individual Retirement Accounts (IRAs) are a popular and widely-used retirement savings vehicle for millions of Americans. However, many people may not be aware of an important feature of IRAs known as the IRA Charitable Trust. This trust allows non-spouse beneficiaries to receive distributions from the IRA while also providing a unique opportunity to support charitable causes. An IRA Charitable Trust, also known as a Charitable Remainder Trust (CRT), is a trust arrangement that allows IRA owners to name a non-spouse beneficiary, such as a child, grandchild, or other loved one, to receive distributions from the IRA upon their passing. This beneficiary, re

In this video, Kyle explains how a trust intended to be designated as a beneficiary of a Defined Contribution Retirement Plan must be drafted with special provisions to navigate complex tax rules. He also describes how Conduit Trusts and Accumulation Trusts work and when each type of trust structure is typically implemented.... ( 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 Investing Retirement Plan Trust: Securing Your Future As the workforce ages, retirement planning has become a pressing issue for individuals and families. With the decline of traditional pension plans, many workers are now responsible for managing their own retirement savings through employer-sponsored retirement plans such as 401(k)s and individual retirement accounts (IRAs). While these retirement plans offer individuals the opportunity to sav

Jeff Dragon North Shore Retirement Advisors  (617) 855-9738 #financialadvisor #retirementplanning... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA How to Avoid an IRA Rollover Mistake An Individual retirement account (IRA) is a popular investment option for individuals looking to secure their financial future. It offers tax advantages and a variety of investment options, making it an attractive choice for retirement savings. However, when it comes to rolling over your IRA, there are potential pitfalls you should be aware of to avoid any costly mistakes. In this article, we will discuss some essential tips on how to avoid an IRA rollover mistake. 1. Know the difference between a direct and indirect rollover: It's crucial to understand the two types of IRA rollovers. A direct rollover involves transferring funds from one IRA cust

================================ Sign up for email list here. Find this video of value? Buy me a cup of coffee! Get Your Own Pablo Retirement Gear: Follow me censorship-free! My course "Can I Retire" will help reduce your stress when it comes to retirement planning . Get it here: and don't forget there IS a 30 day money back guarantee if you're not satisfied! Get my books on Audible here: My Amazon Product page: Anything you buy there Amazon pays me a commission. Much appreciated! GET MY BOOKS: ALL are FREE to Kindle Unlimited Subscribers! You Can RETIRE on SOCIAL SECURITY: The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It: Strategic Money Planning: 8 Easy Ways To Put Your House In Order GET ALL MY LATEST BLOGPOSTS: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IR

Follow Bob Bly at Bly.com and read about Charles Steinmetz here. ================================ Sign up for email list here. Find this video of value? Buy me a cup of coffee! Get Your Own Pablo Retirement Gear: Follow me censorship-free! My course "Can I Retire" will help reduce your stress when it comes to retirement planning . Get it here: and don't forget there IS a 30 day money back guarantee if you're not satisfied! Get my books on Audible here: My Amazon Product page: Anything you buy there Amazon pays me a commission. Much appreciated! GET MY BOOKS: ALL are FREE to Kindle Unlimited Subscribers! You Can RETIRE on SOCIAL SECURITY: The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It: Strategic Money Planning: 8 Easy Ways To Put Your House In Order GET ALL MY LATEST BLOGPOSTS: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IR

Don't forget to use my link below if you're going to file with TurboTax. ================================ Get the PDF version of my Tax Bomb book for free follow this link. My course "Can I Retire" contains 43 videos and over 7 hours of teaching. Get it here: and don't forget there IS a 30 day money back guarantee if you're not satisfied! Get my books on Audible here: Get your own Trusty Calculator: Want to support what I'm doing for $10 a month? Join my SubscribeStar page. My Amazon Product page: Anything you buy there Amazon pays me a commission. Much appreciated! GET MY BOOKS: ALL are FREE to Kindle Unlimited Subscribers! You Can RETIRE on SOCIAL SECURITY: The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It: Strategic Money Planning: 8 Easy Ways To Put Your House In Order State by State Tax Guide For Retirees: GET ALL MY LATEST BLOGPOSTS: M1Finance affiliate: My TurboTax affiliate:

The IRS issued a new revenue ruling at the beginning of 2023 that has flown under the radar and could mean a meaningful tax increase to you or your heirs. Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment! Want to speak with a Certified Financial Planner™? Visit or call 574-247-5898. Find more information about the Wise Money Show™ at LINKS: Be sure to stay up to date by following us! Facebook - ​ Instagram - Twitter - ​ Want more Wise Money™? Read our blog! ​ Listen on Podcast: ​ Subscribe on YouTube: Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a los

Losing a life partner is one of the hardest moments in a person's life. Unfortunately, one person in every relationship will be faced with this difficult reality. Speaking personally, my number one objective, if I were to pass away, is to make sure money is the last thing my wife needs to worry about. ...not only during the grieving process but for years (and maybe decades) to come. I'm sure I share this sentiment with many of you. However, because of the lack of real retirement planning in our industry, I find many retirees don't have a real answer for what happens to their plan if one spouse passes away earlier or later in than was originally estimated. Many focus on the loss of income from Social Security and pensions. This makes sense. Given the situation, the potential loss of income can be substantial. However, there is a lot more at play here... The surviving spouse will face numerous unexpected tax hurdles. They will see certain expenses rise bot

What if there are no beneficiaries listed? If someone passes away with a beneficiary account and the beneficiaries are missing, pre-deceased the account owner, or are otherwise unable to take, what happens? Watch to find out! -- I love helping people and make these videos to help non-lawyers learn a little more about legal concepts. I’d appreciate it if you take a second to let me know what you thought of the video and if you learned something, please hit the subscribe button! It helps other people access the video too. -- If you want to talk more about estate planning: If you want to talk more about probate: -- Estate Planning and Probate is all we do. If you want someone who is honest, diligent, and compassionate, you’ve come to the right place. Amanda Rocha is the owner of Law Office of Amanda L. Rocha. She created it with one goal - help YOU live a great life and leave a great legacy. You'll find information here on estate planning, probate, revocable living tr

New York State considers end to 'spousal refusal' to pay for nursing home care New York is considering ending a practice that allows one spouse to legally refuse to pay for nursing home care for the other — while passing the bill to Medicaid. While some see the practice as a scheme benefiting the wealthy, a growing number of advocates for middle-class elderly New Yorkers strongly support it as an essential option to keep a “well” spouse out of poverty when health care costs are exploding. The last five governors targeted the maneuver, known as "spousal refusal," for repeal 28 times. New York and Florida are the only states that allow the practice. But this year, the state Medicaid Redesign Team is considering whether to scrap the decades-old practice, said state budget spokesman Freeman Klopett. Gov. Andrew M. Cuomo appointed the group of health care leaders to cut $2.5 billion from Medicaid, a federal and state health care system. The team's recom

What if you inherit an already inherited IRA during the 10-year rule? Does a new 10-year rule start or continue from when the initial beneficiary inherited the IRA? It is confusing, but this complex estate planning issue will start to become more common. Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment! Want to speak with a Certified Financial Planner™? Visit or call 574-247-5898. Find more information about the Wise Money Show™ at Be sure to stay up to date by following us! Facebook - ​ Instagram - Twitter - ​ Want more Wise Money™? Read our blog! ​ Listen on Podcast: ​ Subscribe on YouTube: Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss o

Learn out more about How We Can Help → ⬇️Florida Elder Law Practice Areas ⬇️ - Medicaid Planning / Long-Term Care Asset Protection - Estate Planning - Probate Administration ================================ 👉 Get Consultation ✅ Subscribe to always get my latest videos 📚 Check Out Our Elder Care Attorney Blog ✅Instagram: 👉 Facebook: ✅ LinkedIn: #LivingTrust #ElderLaw #FloridaMedicaidPlanning #Medicare #ElderNeedsLaw #ElderLawAttorney #MedicaidPlanning #EstatePlanning #Probate #spousalsupport ________________________ Transcript: I want to talk about a Florida Medicaid planning strategy known as spousal refusal. It's also sometimes referred to as just saying now. And this is a strategy that is most applicable in a situation where you have a married couple. And one spouse is in a skilled nursing facility or nursing home or long term care rehab, but that as as opposed to an assisted living facility or wanting to receive Medicaid care at home, so Okay, so we

#retirement #retirementplanning #retirementincome 10 Countries to Retire on a Small Pension, Social Security, or With Very Little Money. Are you seriously thinking about retiring abroad but not sure where your perfect place may be? Retiring abroad is an exciting prospect that can involve some difficult decisions. For most, finding the right balance between quality of life, a country’s appeal, social security and cost of living is the best starting point for narrowing down options. If you’re thinking of retiring abroad, we are going to help you by providing you with a list of top 10 places where you can retire comfortably. 00:00 | Start 00:27 | Cuba 01:22 | Bulgaria 02:21 | Philippines 03:10 | Montenegro 04:01 | Paraguay 04:51 | Argentina 05:42 | Belize 06:41 | Greece 07:26 | Colombia 08:13 | Malaysia Make sure to subscribe for more inspiring travel destinations ➡️ ⬅️ retirement planning,best places to retire,cost of living,inflation,climate change,economy,interest

Inherited IRA’s and Required Minimum Distributions. Attorney and Advisor Chris Berry discusses how RMDs work with inherited IRAs.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Inherited IRAs: A Guide to Managing Your Inheritance Berry’s Bites When it comes to managing your inheritance, one financial asset that you may receive is an inherited Individual retirement account , commonly known as an Inherited IRA. While the process of inheriting an IRA can be overwhelming, understanding the basics can help you make informed decisions regarding your financial future. So, what exactly is an Inherited IRA? It is essentially an IRA that is passed down to a beneficiary designated by the original account holder after their passing. This type of IRA typically comes with different rules and regulations compared to a regular IRA, mainly due to the fact