Timothy Sumer

Instagram: @theadamfayed Tiktok: @adamfayed.com #vanguard #vanguardfunds #DIYinvesting #vanguardlifestrategies #shorts... ( 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 are the Best Vanguard Funds? When it comes to investing in mutual funds, Vanguard is a name that is often mentioned. Vanguard is renowned for its low-cost index funds and has a strong reputation in the investment community. However, with hundreds of options available, it can be overwhelming to determine which Vanguard funds are the best fit for your investment goals. To help you navigate through the vast array of choices, here are some of the best Vanguard funds that investors commonly opt for: 1. Vanguard 500 Index Fund (VFIAX): The Vanguard 500 Index Fund is one of the most well-known index funds in the industry. It tracks the performance of the S&P...

In this video, I discuss the differences between Investing and Saving. It's important to understand the differences in order to make the right financial investment decisions. Investing is basically putting your money to work in order to generate a positive return with the expectation of generating income, profits or gains. One can invest in many ways either directly or indirectly such as using money to start a business, buying real estate or into the stock market. Investing is different from saving because investing means that there is some risk involved because the project could fail, you have market risk also.. so investing involves speculation. The speculation that your investment could grow but also that it could also fail. The core principal of investing is to outpace the rate of inflation. Inflation is the gradual rise in prices and the slow decline in purchasing power of your dollars over time. The goal is to make enough off your investments to exceed the dec...

We talk a lot about the benefits of Roth accounts. A Roth IRA allows you to save for retirement with after-tax dollars. That means you pay taxes on your contributions now, but your withdrawals are tax-free in retirement. There are also several benefits to inheriting a Roth IRA, as @John with @SecurusFinancial explains to @erinkennedy; the distributions are tax-free, and they won't affect your taxable income. However, with a few exceptions, you'll still have to drain the inherited account within 10 years. If you are inheriting a Roth IRA, here's a quick action plan: 1. Understand your beneficiary type (this will determine your distribution options) 2. Consider your tax situation 3. Invest the money wisely 4. Get professional help As with all inheritances, it's important to know how distributions will affect your taxes and how to best invest that money. If you'd like to talk through the benefits of a Roth account, or if you recently inherited a ta...

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...

Sean Pyles and Liz Weston are joined by Travel Nerd Meghan Coyle to learn how to travel abroad on a budget - from budget airlines when traveling internationally to watching for hidden fees. They then discuss how to part ways with a financial advisor whose services are unsatisfactory. Suggested Articles: Should You Fly on International Budget Airlines?: How to Find a Financial Advisor Near You: FIRE Movement: Financial Independence, Retire Early: #NerdWallet #SmartMoneyPodcast #FinancePodcast Subscribe to NerdWallet - About NerdWallet: We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest d...

🚀 Ready to kickstart your investing journey? 💰 Join us at Amateur Money for an engaging and informative video that demystifies the world of stocks, bonds, and mutual funds! 🌐📈 🔥 Get expert tips on how to set clear financial goals, diversify your portfolio, and make informed investment decisions, all while avoiding common pitfalls! 🎯 🤔 New to investing? No problem! This beginner-friendly guide will walk you through the essentials, helping you take control of your financial future with confidence! 🌟 👉 Don't miss out on this opportunity to level up your financial game! 🎓 Be sure to watch the video, hit the thumbs up 👍, and subscribe to our channel for more valuable financial wisdom. 🛎️ 💬 We'd love to hear about your investing experiences and tips in the comments below! Let's learn and grow together on this ex...

Join Corey Stackhouse as he dives deep into the world of Health Savings Accounts (HSAs). Discover the benefits, tax advantages, and unique ways you can leverage your HSA for future financial well-being. 📌 Important Note: Always consult with your trusted financial advisor, CPA, or legal counsel before making any decisions. Every individual's financial situation is unique. 👍 Support Our Channel: If you find value in our content, please give us a thumbs up, share with others, and don't forget to subscribe for weekly insights into the world of finance! For personalized financial planning and tax advice, reach out to us. Contact details are below: Corey M Stackhouse, CFP® Financial Advisor | Insurance Agent ​| Owner www.stackenterprises.com 516 S. Ohio Ave - Sedalia, MO 65301 (660)570-4114 (Call or Text!) Stack Enterprises is a registered investment adviser. Information presented is for educational purposes only and does not intend to make a...

People currently in their 20s are likely facing a 60-year career because of longevity and rising living costs. In the second episode of our series, we explore the importance of beginning the retirement-saving process early, and how accounts like a 401(k) and an IRA can help people maximize their saving efforts. Your Money Briefing WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes. For more episodes of WSJ's Your Money Briefing: #Retirement #401k #WSJ... ( 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 As people continue to live longer and healthier lives, the concept of retirement is taking on a whole new meaning. While it used to be that retirement meant stopping work completely and r...

Doug Tashma, RMC Group's Executive Vice President of Operations, explains how you could tell your clients that they can make substantially higher contributions to a qualified retirement plan AND completely eliminate market risk - all on a tax favored basis? Watch to find out! . . Contact RMC Group at 239-298-8210 to get a plan started today! . . Facebook: Twitter: Instagram: LinkedIn: Website: Email Address: rmc@rmcgp.com Phone Number: 239-298-8210... ( 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 Make Substantially Higher Contributions to a Qualified Retirement Plan! When it comes to planning for retirement, many individuals dread the thought of not having enough funds to live comfortably during their golden years. However, there is a strategic way to maximize your retirement savings and ens...

"Is it worth contributing to a Roth IRA after 50?" One of the advantages of a Roth is that you can contribute at any age. You can determine the amount you need for retirement and then calculate how much you need to contribute based on the age at which you want to retire. Then you can start contributing. Another amazing thing about the Roth is your ability to make back-door contributions. 📌Save it for later 💯 📌Like, share and comment 👇 👉 Follow @christianiecarty for more Insightful Content 👉 Follow @christianiecarty for more Insightful Content . . . . Hashtags:- #taxadvisor #taxtips #taxplanning #wealthplanning #taxconsultant #financialadvisor #financialplanning #taxes #financialfreedom #financialeducation #incometax #rothira #financialfreedom #retirementplan #wealthbuilding #Iracontributions #retirementplanning #contentcreator #reels... ( read more ) LEARN MORE ABOUT: IRA A...

Have you ever wondered what happens to your retirement assets when you pass away? This episode will discuss how to plan effectively for your spouse, children, or other beneficiaries to inherit these monies. We will cover IRA, 401k, and Roth retirement accounts and discuss what beneficiaries who inherit these assets need to know before they just cash out the account. This episode will cover: • Distribution planning: Do you have to liquidate these accounts upon inheriting these monies? If not, how should you plan effectively to withdraw the funds? • Taxes: What are the taxes on these accounts if you inherit them. Does the beneficiary pay or the original owner? • Administratively, how do you get to these assets and withdraw them? (Dealing with these institutions is very difficult sometimes.) • If you want to maximize how much your beneficiaries inherit, what should you be thinking about? • If you want to maximize how you use retirement funds you've inherited, what sho...

So, you're looking to minimize taxes? On the Get Ready For The Future Show, we're answering YOUR questions! Like this one from Jerry in Sherwood: "Is there any way to reduce the burden of taxes for inherited IRAs; except converting to a Roth. I've just about decided to start reducing it yearly and paying the taxes myself, but I was wondering if there was anything else I could do. I would like to know what kind of an immediate annuity that you have, since that would be one way. I know I could not pass anything to the heirs that way, but it is one option I am interested in?" The bad news is that there really isn't much you can do to avoid taxes on inherited IRAs, especially due to the SECURE Act of 2020. However, there are some helpful strategies to manage them as best as possible, AND you can work to avoid passing the tax stresses on to your loved ones. - ❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefutur...

A Roth IRA (Individual retirement account ) is a type of retirement savings account that offers unique tax advantages to individuals in the United States. It is named after Senator William Roth, who played a key role in its creation. Here are the key features and benefits of a Roth IRA: 1. **Tax-Advantaged Savings:** The primary advantage of a Roth IRA is its tax treatment. Contributions to a Roth IRA are made with after-tax dollars, meaning you don't get an immediate tax deduction for your contributions, unlike a traditional IRA. However, qualified withdrawals from a Roth IRA, including both contributions and earnings, are tax-free. 2. **No Mandatory Withdrawals:** Unlike traditional IRAs and 401(k)s, Roth IRAs do not require you to start taking required minimum distributions (RMDs) at a certain age. This flexibility can be advantageous for retirement planning , as you can leave your money invested for as long as you want. 3. **Flexibility in Investments:** Within a ...

Leave us a comment below if you have any more questions you want answered! Want to learn more about how you can plan for your federal retirement? Then check out the links below: Find a top rated financial advisor near you: Retirement Consultation: Manager Training: psreducators.com/manager-training/ E-Learning: Find more at www.psreducators.com PHONE 888-919-3252 ext 153 Email info@psreducators.com... ( 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 Overview of FERS- FEGLI: What Should You Do? The Federal Employees Retirement System (FERS) is a retirement plan specifically designed for federal employees. It is a three-tiered system, which includes a basic pension plan, Social Security benefits, and the Thrift Savings Plan (TSP). This comprehensive retirement package ensures that federal workers have ...

Welcome! In this video we'll be going over how to utilize a trust as a beneficiary of an IRA. Subscribe to be notified of future postings! For more information visit our website: and be sure to connect with us on Linked In: DISCLOSURE: The views expressed in this presentation represent the opinions of Carmichael Hill and are not intended to predict or depict performance of any investment. The views expressed are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security or sector. Investing involves risks, and the value of your investment will fluctuate over time and you may gain or lose money. Please consult with your financial advisor to determine which investment strategy is best for you. Past performance is no guarantee of future results.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver...