Timothy Sumer

#403b #retirement #retirementplanning What are an employee sponsored plans? Don't sleep on the power of your 401k or 403b! Employee retirements plans will help you maximize your retirement savings with automatic payroll deductions. Later on down the line, you might be able to roll these monies into a Roth IRA to maximize your retirement saving benefits. Learn more about roth conversions here: Financial freedom is found through discipline. 💸 Access Financial Freedom Resources: 🚀 Join My FREE Retirement Planning Basics Course: 🗓️ Schedule a FREE Initial Consultation! : ✅ Subscribe! : ✅ My Instagram : ✅ My Twitter : ✅ My Substack : ... ( 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 Employer-Sponsored Retirement Plans (401k & 403b): A Beacon of Financial Security As individuals approach their golden years,

This live we discuss the Backdoor Roth IRA concept. We outline: 1. What is a "Backdoor Roth Conversion." 2. Who should be using this strategy. 3. How to fund a Backdoor Roth IRA & the long-term benefits of having Roth money in retirement. Remember, Financial freedom is a process, not a destination! Stream starts: 2:02 📚 Online Courses Now Available! : 🚀 Join My FREE retirement planning Basics Course: 🗓️ Schedule a FREE Initial Consultation! : ✅ Subscribe! : ✅ My Instagram : ✅ My Twitter : ✅ My Substack : Timestamps: 02:02 – Stream starts 03:02 – What is a Roth IRA? 03:55 – Roth IRA vs Traditional IRA 06:54 – The argument for a Roth IRA 08:45 – Different methods for Roth savings 10:54 – The backdoor Roth conversion strategy 13:36 – How often should I be contributing to a Roth? 14:25 – Closing tips for the backdoor Roth IRA #rothira #rothconversion #retirement... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: