Timothy Sumer

Have you heard of the SECURE Act? If you have not, now is the time to learn about the Act as the changes are significant and most likely will impact your legacy planning. Why? Because it could drastically change your well laid out plans for legacy. Add to the SECURE Act the strong possibility of increases in tax rates in the near future, the combination could create a devastating impact for your beneficiaries, including the annuity beneficiaries. Between the changes caused by the SECURE Act and possible increased tax rates, you have a ticking time bomb. Time for you to be informed so you can protect your hard earned retirement savings from Uncle Sam. Even though the discussion will not be focused on retirement annuities, it does apply to retirement annuities in qualified accounts and IRAs. So, watch the video till the end to learn what top industry experts are recommending to protect your hard earned retirement savings from Uncle Sam. Please Subscribe and Don'...

So how much do you need in an emergency fund in retirement? And if I said 12 months, would you be happy with a year’s worth of living expenses sitting in a money market account earning about 0.5%? Don’t get fooled by fancy upfront promotions from banks for 3 to 6 months unless you don’t mind hopping around banks, chasing promotions, and be mindful of the rules for obtaining those higher interest rates. Let’s find out if there are any options other than keeping 12 months in a low interest money market fund or chasing promotions from bank to bank. Watch the video till the end to learn how a retirement annuity can assist with determining how much to reserve in an emergency fund in retirement. Please Subscribe and Don't forget to press the bell, 🔔, like, comment and share. Stay safe and Love all. 😍😘 Table of Contents: 00:00 - Introduction 01:17 - Why an emergency fund is vital 02:17 - Emergency fund for long term care ne...