Timothy Sumer

Thank you for watching my video. Feel free to check out www.mygatewaymoney.com Todd Pouliot, AIF Gateway Financial, LLC Address: 9821 Olde 8 Road, Suite M, Northfield Center, OH 44067 Toll-Free: 844-592-9888 Gateway Financial is an Investment Advisor registered with the State of Ohio and in other jurisdictions where exempted. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold, or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or the completeness of, any description of securities, markets, or developments mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this communication's conclusions. Please contact us at 844-592-9888 if there is

Should investors worry about regional banks? Will the Federal Reserve tame inflation? Is a recession looming? What's next for stocks and bonds? Pure Financial Advisors' Executive Vice President and Chief Investment Officer Brian Perry, CFP®, CFA® charter, AIF® addresses these questions as he discusses Q1 market volatility and the outlook for Q2 and beyond. Download the 2023 Key Financial Data Guide: Schedule a free assessment with any one of our experienced financial professionals: 00:00 - Intro 00:26 - Banks and Recession: What is a Recession? 05:17 - Inflation remains high. When will it moderate? 100-year and 12-month inflation rates 09:32 - Is the dollar going to be replaced as the reserve currency? 11:42 - Stock Market Volatility, Performance, Bull and Bear Markets, Consumer Confidence, Inflation 17:23 - Should I still own international stocks? Global Stock Market Summary Performance, Values, Returns, Revenue 24:05 - Pessimism, Prices, Good Time to Invest? 25

Watch this video to learn more about Director of Advisor Services, Matt Neff, CRPC®, AIF®. Matt joined Petersen Hastings in 1999 and has over two decades of advisory experience, primarily developing and servicing Individuals and Families and Corporate Retirement Plan clients. His career foundation began with a Bachelor of Arts degree in Accounting from Washington State University. With a heart of a teacher, Matt is focused on helping people utilize their strengths to achieve their goals. To help others, he naturally brings an organized and methodical approach, blended with compassion and an individual understanding, while also being proactive to potential or current obstacles. As the Director of Advisor Services, Matt's primary responsibilities include managing the firm's advisory team, providing service to clients, and acting as a member of both the Petersen Hastings Leadership Team and Board of Directors.... ( read more ) LEARN MORE ABOUT: Qualified Re

Thank you for watching my video. Feel free to check out www.mygatewaymoney.com for more information. Todd Pouliot, AIF Gateway Financial, LLC Address: 9821 Olde 8 Road, Suite M, Northfield Center, OH 44067 Toll-Free: 844-592-9888 ... ( 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 If you have a 401k loan and lose your job, the situation can be quite challenging. It can leave you wondering what will happen to your loan and how you will repay it. Losing your job can be tough, especially if you have outstanding bills to pay. Having a 401k loan adds to the stress since you have to figure out how you will settle the balance. First, it's crucial to understand what happens to a 401k loan if you lose your job. A 401k loan is a type of loan borrowed against your 401k retirement account . The loan agreement requires you to repay the

How can you reduce taxes, IRMAA, net investment income tax, and required minimum distributions when you’ve got too much money in your tax-deferred retirement account (traditional IRA) - and just how much Roth conversion should you do? That’s today on Your Money, Your Wealth® podcast 423 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, can you contribute to a Roth by transferring stocks “in kind”? If the check you send off to pay your estimated taxes isn’t cashed before the deadline is it late? How does SECURE 2.0 impact 529 plans, and is 529 better than Roth IRA for college savings? Finally, the fellas spitball a 401(k) in-plan Roth conversion and retirement account consolidation strategy. Podcast show notes, free financial resources, episode transcript: 00:00 - Intro 00:48 - We Have Too Much in Traditional IRA. How's Our Roth Conversion Plan? (Kelly, Idaho) 10:17 - Download the Tax Takedown Guide: Watch YMYW TV: Tax Takedown: 10:54 - Can I Make a Roth IRA Con

Saving for retirement can be a bit of a three-ringed circus but Joe Anderson, CFP®, and Big Al Clopine, CPA have your ticket to the show! Whether you’re retired, saving for retirement, in the military, or paying off student loans, SECURE 2.0 is a massive shift in investment policy, designed to motivate and enable people to save more for retirement to the tune of $40 billion in new savings plans over the next decade – not to mention reshaping 401(k)s and RMDs. What does the SECURE Act 2.0 mean for you? It's all under the big top in today's show! Download the free guide to the SECURE 2.0 Circus: Secure 2.0 Circus • Big Top Benefits • Inheritance Gymnastics • Show Time 0:00 - Intro 1:16 - Secure 2.0 Circus 2:50 - 401(k) Changes 5:07 - RMD Changes 6:43 - Emergency Savings Plan 7:00 - Qualified Charitable Distributions 7:43 - 529 Plans 9:14 - Student Loan Match Program 9:43 - Download Guide: SECURE 2.0 Circus 10:30 - True/False: If you inherit an IRA from your fathe

The management of your Thrift Savings Plan is not something you should take lightly. Mistakes could cost you hundreds of thousands of dollars if you don’t know what you are doing. In this episode we: • Discuss what is required to manage any investment account • Evaluate your options if you are looking for help • Provide resources to help you get more knowledgeable with investing and your TSP Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. 0:00 Intro 0:40 Why Is This Important? 2:39 3 Requirements to Manage any Investment Account 5:44 Where Can You Get Help? 11:41 Build Your Investment and TSP Knowledge Referenced Links Vanguard Report on “Quantifying Advisor’s Alpha”: Envestnet Report on “Capital Sigma: The Advisor Advantage”: Russell Investments report on “How advisors deliver value in challenging times”: LIST OF BOOKS Simple W

Why would you ever turn away an inheritance? Roger explains why anyone would consider disclaiming an IRA... ( 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 Disclaiming IRAs: What Does It Mean? Individual retirement accounts (IRAs) are popular tools that can help you save money for your retirement. However, sometimes, you may receive an IRA as an inheritance. If you find yourself in such a situation, and you don't want the IRA or believe that it's not a good fit for you, you can disclaim it. Disclaiming an IRA means you're forfeiting the right to inherit it. In other words, you are saying "no, thank you" to the IRA. Once you disclaim an IRA, it goes to the secondary beneficiary, as specified in the original IRA document. Alternatively, if there are no secondary beneficiaries or if they too disclaim the IRA, the money goes

On top of providing tax-free income, Roth IRAs have another selling point - there's a window of time that you can "undo" the conversion ... whatever the reason may be. Keep watching to learn more about Roth IRA recharacterization. Need a financial advisor and a tax planner? Well Johanna happens to be both! Call us at (270) 247-0555 or go to to schedule your free, no obligation initial consult! We're here to help you find clarity about your finances. Other ways to stay connected: Website: www.milestonesfp.com LinkedIn: www.linkedin.com/in/jfoxcpa Facebook: www.facebook.com/MilestonesFinancialPlanning Subscribe to our e-newsletter: ... ( 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 Roth IRA recharacterization rules are a set of guidelines that allow individuals who have funded a Roth IRA to convert their contributions b

"Team, thank you again for the great show and the humor in how you answer these questions. I have a question about my Roth IRA and Roth TSP…. and it has nothing to do with the Megatron or back door! I’ve had my Roth IRA for about 15 years and began funding the Roth side of my TSP 5 years ago. I intend to transfer the Roth portion of my TSP to my Roth IRA whenever I decide to retire from the military. With that in mind: Will all the contributions I’ve made to my Roth TSP over the years be counted as contributions in my Roth IRA? Or would the entire value of the Roth TSP count as the contribution when it is transferred to my Roth IRA? Is there some other rule that I am missing? I understand that Roth IRA contributions can always be accessed without penalty and that contributions are considered to be the first portion withdrawn from the account. What I don’t understand is how or if that would change once another retirement plan such as my Roth TSP is brought over. I’m

"Hello! I drive a 2004 Subaru, drink sour beers and have a mutt. Lucky to live in Colorado. Love the show. I have an existing Roth - opened in 2020 - I will be 59.5 in 2026 so 5 year rule and 59.5 rule will be satisfied whenever I get around to using the funds after that time. No need for them for the foreseeable future. I have heard you mention that each conversion has its own 5 year clock even if I am over 59.5. Does that mean that if I want to convert stock in this down market now that I need to open a new Roth and if I want to do more next year, I need a third Roth, and so on? Or can, I just convert all of it into the existing Roth? If the answer is the former (separate Roths), can I consolidate them as they each hit the five year mark? Thank you, Jason." Download the 5 Year Rules for Roth Withdrawals: Listen to the entire Your Money, Your Wealth® podcast: Pure Financial Advisors, LLC is a fee-only Registered Investment Advisor providing comprehensive retir

Hi Andi, Big Al and Joe! Big fan of your podcast! I am hoping that you might be able to help brainstorm some ideas for my family. One of my stepsisters passed away a few years ago, and she left her IRA valued at 160k to my other stepsister's son. When she first set up her account, she only had one nephew. The family grew, and she ended up having another niece and nephew prior to her passing. My sister knows that she would have wanted to leave equal shares of the IRA to all three of the children. She passed away prior to the change that requires withdrawal in 10 years, so they are able to leave the money in until RMD age, which will be 2039. The kids ages are 24, 21, and 15. The oldest son is going to college for the next couple of years and working part-time. We are trying to figure out how to split the money between the kids. Since he isn't making much money now, would it be better to pull it out now and set up accounts for the other kids? I'm not certai

Have you recently inherited an IRA from a parent or someone other than your spouse? Maybe you expect to in the future. There have been some recent developments regarding the SECURE Act that you should be aware of. Senior Wealth Advisor, Blaine Carr breaks it down in Part 2 of our SECURE Act 2.0 series.... ( 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 With the passage of the SECURE Act 2.0, there are now important changes to consider when inheriting an IRA. The SECURE Act 2.0 is a piece of legislation aimed at making it easier for people to save for retirement. It includes provisions that allow for more flexibility when it comes to inheriting an IRA. The most important change is that the required minimum distribution (RMD) age has been increased from 70.5 to 72. This means that if you inherit an IRA from someone who passed away after Decemb

Greg, Temecula - "You asked for reference about inherited IRAs by a non-spouse having to take a RMD every year in the 10 year window. In Forbes, IRS notice 2022-53 will apply to 2023 distribution year. They are not going to penalize anyone who did not take distributions in 2021 or 2022. The IRS proposed the change in 2022 and said will finalize in 2023. Joe said he didn't know anything about this, and supply proof. Maybe someone in the office has heard and could give a little more clarity? David, Tega Cay- "I was listening to the most recent episode on my drive home last night. I believe Joe and Al were called out by a listener regarding inherited IRAs and the impact of the SECURE Act." Listen to the entire Your Money, Your Wealth® podcast: NOTE: Passage of the SECURE Act 2.0 on December 23, 2022 means there are substantial changes to required minimum distributions, retirement savings, and tax planning in place now, and more on the way! Make sure you'