Timothy Sumer

Thanks for checking out our video! Today we share the difference between Roth and traditional IRA. Be sure to like, comment, and subscribe for more content. We will be uploading videos weekly regarding financial freedom and growth. If you have any comments or suggestions, please submit them down in the comments section. moneymotivated,money motivated,financial independence,finance 101,personal finance,financial freedom,roth ira,traditional ira,ira,which ira,difference between roth ira and traditional ira,roth vs traditional,roth ira vs traditional ira... ( 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 Write an article about Roth IRA vs Traditional IRA: What's the Difference? in English https://inflationprotection.org/rewrite-this-title-roth-ira-vs-traditional-ira-whats-the-difference/?feed_id=104203&_unique_id=647c3b8e3a5fb ...

Retirement Plans for Small Businesses Most people have heard of the 401k and all of its benefits. However, many people are unaware of a few alternatives that have very impressive benefits as well. Introducing SEP and SIMPLE IRAs! Alternative retirement plans for small businesses could be the key for future growth. SEP IRAs are extremely low maintenance retirement plans for small business owners, and they allow the ability to contribute substantially more than 401ks. SIMPLE IRAs, like the SEP IRA, are also not very complicated to administer and much cheaper to implement than other retirement plans. Eddy and Brian go more in depth about the similarities and differences between these two plans in the video below. If you have any questions or want to know if these plans would be a good fit for your situation just schedule a 15-minute learning session with me using the link below. #Retirement #401k #IRA... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING I...

Navigating the Thrift Savings Plan can be overwhelming. Don’t worry, we cover everything you need to know without assuming that you have a degree in economics. You’ve decided that saving for retirement is important. Great! Now, you’ll need to decide where to invest your money for long-term growth. If you happen to be in military service or a federal government employee, then HR has likely introduced you to the Thrift Savings Plan AKA the TSP. The federal government sponsored this retirement investment plan as a way for you to save for retirement. What is the Thrift Savings Plan? The Thrift Savings Plan is a defined contribution plan. The account type was created through the Federal Employees’ Retirement System Act of 1986. The goal was to create a tax-advantaged account for federal employees with similar benefits to a 401(k) plan. Unlike a pension, retirement income from your TSP is dependent on the money you have contributed to your account along the way. Additionally...

We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. #retirement #retirementplanning #dohstr8 ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( 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 retirement planning is an important part of financial planning, but it can be complicated. One of the most common retirement options is the 401k plan . It is a great way to save for retirement, but you may want to consider rolling it over to an Individual retirement account (IRA). Rolling over your 401k to an IRA can provide you with more investment options, lower fees, and more control over your retirement savings. ...

STOP & THINK… Why would someone purposefully limit their investments just to grow tax free if they didnt have to? 🤔 Not the worst option but definitely not what the wealthy are doing 🤷🏾‍♂️... ( 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 The Roth IRA is a retirement savings account that has become increasingly popular among younger investors. It offers tax-free growth and withdrawals, and there are no required minimum distributions (RMDs). However, there are some unspoken truths about Roth IRAs that you should be aware of before investing. First, the Roth IRA is not a “get-rich-quick” scheme. It is a long-term investment vehicle and requires patience and discipline to be successful. The money you contribute to a Roth IRA will not be available to you until you reach the age of 59 ½. Additionally, the...

It's no wonder that your parents want to give you everything, even if it means making more sacrifices than they should. It's a good idea to support your parents in making plans for their golden years ahead of time. Shashank Udupa will reveal some beneficial methods that can help your parents get a head start on their retirement planning in this video. #retirementplanning #retirement Timestamps: 0:00 - Introduction 1:20 - Understanding Goals, Income and Expenses 5:35 - How to Invest for your parents? 7:40 - Systematic Withdrawal Plan 9:54 - Recap & Conclusion Disclaimer: We encourage all investors to use the information on the channel as a resource only and should further do their own research on all featured companies, stocks, sectors, markets and information presented on the channel. Nothing published in this video should be considered as investment advice. Subscribe to the channel now: ________________________________________________________ Links: My E- ...

On episode 42 of Portfolio Rescue, Ben Carlson and Duncan Hill are joined by Ritholtz Wealth CFO and Tax Specialist Bill Sweet to discuss downgrading to one income, prepaying for college, optimizing unrealized capital losses, and much more! Submit your Portfolio Rescue questions to askthecompoundshow@gmail.com! ►00:00 - Intro ►04:28 - Downgrading to one income. ►09:08 - Prepaying for college. ►12:58 - Save or invest inherited money. ►20:49 - Investing during retirement. ►24:45 - optimizing unrealized capital losses. ►28:36 - Setting aside IRA contributions. Thanks to Innovator for sponsoring this episode! Visit to learn more about their ETF offerings. Check out The Compound shop: Listen to our podcasts: The Compound and Friends: Animal Spirits: Portfolio Rescue: Talk with us about your portfolio or financial plan here: Check out Ritholtz Wealth's automated investing platform, Liftoff: Instagram: Twitter: Facebook: Investing involves the ...

Do you enjoy my videos? Smash the LIKE button and SUBSCRIBE! This video is not meant to be construed as official financial/investment advice; it is my opinion only.... ( 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 SILVER: Silver IRA Investing https://inflationprotection.org/thrift-savings-plantspfunds-explained-think-about-your-allocation/?feed_id=46572&_unique_id=638dda4146246 #Inflation #Retirement #GoldIRA #Wealth #Investing #Cryptocurrency #cyrpto #Finance #finance101 #FinanceEducation #investing #Investments #military #militarychannel #militaryretirement #militaryyoutuber #personalfinance #Retirement #stockmarket #Stocks #thriftsavingsplan #tsp #ThriftSavingsPlan #Cryptocurrency #cyrpto #Finance #finance101 #FinanceEducation #investing #Investments #military #militarychannel #militaryretirement #militaryyoutuber #personalfinan...

Traditional IRAs and Roth IRAs both offer tax-advantaged growth of money. The contribution for both account types for 2021 is $6,000, or $7,000 if over age 50. The biggest difference between the account types comes down to when you pay taxes on the money. With a Roth IRA, you pay tax now. You contribute to a Roth IRA using aftertax money, and you can't deduct the contribution from your taxable income. But when you do withdraw the money in retirement, it's tax-free. Roth IRA contributions are also subject to certain income limits. A single filer and head of household can make a full contribution if your income is below $125,000 and a partial contribution up to $140,000. For married filing jointly, you can make a full contribution if your income is less than $198,000, and a partial contribution up to $208,000. With a traditional IRA, you pay tax later. When you contribute to a traditional IRA, if your income is below certain limits, you may be eligible to deduct the ...