Timothy Sumer

Hey Youtube Family, Welcome back to another video! So today we will be discussing what exactly an IRA is? An individual retirement account (IRA) is a tax-advantaged investing tool that individuals use to earmark funds for retirement savings. The original idea for the IRA was initiated in 1974 and was only allowed to be opened strictly through financial institutions. It also was not deductible and limited to an annual contribution limit of 1500 dollars. Despite these limitations, the IRA was very popular garnering over 1.5 billion in investments in its very first year in existence, tripling that number to 5 billion dollars in investments by 1981. Today, that number has hit the 10s of Trillions with approximately 1/3 of American households holding an IRA. I hope this video was super helpful to you. If so definitely SMASH THE LIKE BUTTON, COMMENT, and SUBSCRIBE for weekly content like this. Also, if you have any suggestions or you appreciate some of the edits that I have ma

... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Ed Slott, CPA | America's IRA Expert: Simplifying the World of retirement planning When it comes to retirement planning and individual retirement accounts (IRAs), there is one name that stands out among the rest: Ed Slott, CPA. Known as "America's IRA Expert," Slott has spent his career simplifying complex retirement strategies and providing invaluable advice to individuals and financial professionals alike. Ed Slott's journey to becoming a renowned retirement expert began in the late 1970s. As a CPA, he realized the significant impact that IRAs could have on individuals' financial futures. However, he also recognized the confusion and lack of understanding surrounding these retirement vehicles. It was this realization that spurred Slott to devote his ca

If you’re close to retirement, one crucial aspect to consider is what to do with your hard-earned 401k savings. This decision requires careful thought and planning, as it can significantly impact your financial well-being in the long run. James covers the key considerations to get the most out of your 401k plan: ➡️ Analyzing Costs ➡️ Assessing Control + Ease of Use ➡️ Examining Investment Options ➡️ Consolidations for Simplicity ➡️ Coordinating Withdrawal Strategies In addition to those factors, there are several other important considerations: understanding tax implications, net unrealized appreciation, and penalty-free distributions. Learn the tips & strategies to get the most out of life with your money. Get started today → Subscribe to be notified for future videos: _ _ For more resources and content, check us out below! 🔔Subscribe to our channel to learn more about all things portfolio management 🎧 Listen to our podcast 🧑‍💻 Visit our website t

Have you ever wondered what the difference is between an IRA and a Roth IRA? Don't worry this question is more common than you might think and we're here to help. Check out all of our videos and become a financial champion.... ( 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 vs Traditional IRA: Choosing the Right retirement account Planning for retirement is a significant financial goal that everyone should consider. One of the key decisions to make when saving for retirement is choosing between a Roth IRA and a Traditional IRA. Understanding the differences between these two types of individual retirement accounts (IRAs) is crucial in determining which option best suits your needs and financial situation. 1. Taxation The primary distinguishing factor between Roth and Traditional IRAs is their tax treatment. With a Tr

Get your Free Guide here 👉 Are you looking for a way to boost your retirement savings? Consider opening a rollover IRA! In this video, we'll discuss the benefits of rollover IRA and why it's a smart move to transfer your 401k to a rollover IRA. It is possible to maximize your retirement savings using a rollover IRA. A rollover IRA allows you to consolidate your retirement savings from multiple 401k plans and 403b into one account. This makes it easier to manage your investments and keep track of your retirement savings. Plus, rollover IRA often offer lower fees and a wider range of investment options compared to 401k plans. In this video, we'll discuss how to open a rollover IRA and the steps involved in transferring your 401k to a rollover IRA. We'll also cover 10 benefits of a rollover IRA. Don't miss out on the opportunity to maximize your retirement savings with a rollover IRA. Watch this video now and learn how to take advantage of this

Attorney Jeff Watson explains the importance of conducting due diligence on real estate investments using your self directed 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 Don't Make This Investment Mistake with Your Self-Directed IRA: Real Estate Investing Real estate investing has long been hailed as a lucrative and reliable avenue for building wealth. With the advent of self-directed Individual Retirement Accounts (IRAs), investors now have the opportunity to include real estate investments within their retirement portfolios. However, there’s one major mistake that individuals should avoid when venturing into the realm of real estate with their self-directed IRAs. Before delving into this potential pitfall, let's first briefly explore the concept of self-directed IRAs. Unlike traditional IRAs that limit investment choices t

What is an IRA? Learn more at: IRAs, or Individual Retirement Accounts, are a great way to save for retirement and to receive a tax deduction. IRAs have the advantage of not being tied to a person’s employer so, if you quit your job, you won’t have to worry about moving your plan like you do with a 401(k). Like 401(k)s, IRAs have an immediate tax advantage, in that you may be eligible for a tax deduction. The amount of your deduction is based on your income, filing status and whether or not you have any 401(k)s. When you are ready to withdraw money, you will need to pay taxes but, because your income is likely lower in retirement than when you contributed, you will be in a lower tax bracket and will, as a result, pay less. The contribution limit for an IRA is $5,500 ($6,500 if you’re over 50) – the limit is shared with Roth IRAs – and the money grows tax-free in the plan. Get a FREE STOCK with Robinhood: Ready to dive in to the stock market? Many traders use stock pic

The IRS prevents you from doing this in your Self-Directed IRA 👎🏼 #ira #finance101 #realestateinvesting... ( 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 rise of self-directed Individual Retirement Accounts (IRAs), more and more investors are taking control of their retirement savings and looking for alternative investment options. This newfound freedom allows IRA holders to diversify their portfolios and potentially increase their returns. However, it is important to remember that certain restrictions and regulations still apply, and there are some investments you simply can't make with your self-directed IRA. One popular investment choice that is often misunderstood is real estate. While it is true that you can use your self-directed IRA to invest in real estate, there are certain limitations and rules that must be followed. I

SUBSCRIBE for more on law YOU need to know!! - CLICK HERE: ***************************************** 401k vs IRA DO YOU NEED A MONEY ADVISOR? Contact #1 Wealth Management Advisor RICH SCHUETTE HERE: Welcome to today's "Heart of the Matter" YOUTUBE LIVE STREAM video on the differences between a 401K and traditional IRA. How you ever struggled with what vehicles to put your retirement savings in? If so, Financial Mastermind, Rich Schuette of AVALAN WEALTH, will provide you with concrete steps to identifying the correct funds to put retirement dollars in and increase the values of the funds substantially. After watching the video, please comment below. I would love to hear from you about any questions or comments you had on financial investment, 401ks, IRAs, Roth IRAs, or any other investment vehicles you are contemplating. And also please say "Hi!" on Social Media: Twitter: Instagram: Facebook: LinkedIn: The content of this YouTube

- In this informative video, we delve into the world of Individual Retirement Accounts (IRA) and provide you with a comprehensive guide to help you understand this crucial aspect of retirement planning . Whether you're just starting your career or approaching retirement, knowing about IRAs and their benefits is essential for securing a financially stable future. Please subscribe and like. Thanks!... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA An Individual retirement account (IRA) is a type of retirement savings account that offers tax advantages to individuals in the United States. It allows individuals to save and invest for retirement, providing them with financial security during their golden years. With various types of IRAs available, individuals can choose the one that suits their financial goals and circumstances. The prim

Gold IRA Investments Why are so many investors turning to Gold? Gold is a traditional investment choice because it rarely loses value. In fact, in the last 13 years gold bullion is up more than 520%. An investment of just $25,000 in gold 13 years ago would now be worth more than $600,000. One of the best things about gold is that it can now be applied to your IRA. This wasn't always the case, but federal legislation created in 1997 changed the rules of gold investing. You can now open an Individual retirement account consisting entirely of gold, or use gold to supplement your cash IRA. Explore the options for investing your IRA in gold, and request a free gold investing kit, by visiting Secure your future against inflation and currency devaluation today. Get your FREE no obligation Investors Kit ASAP: Follow us on Twitter for gold news! Visit our Facebook page ... ( read more ) LEARN MORE ABOUT: Precious Metals IRAs HOW TO INVEST IN GOLD: Gold IR

We know that tax-deferred growth accounts such as a Roth IRA is one of the best investment vehicles we can use. But let's say that you have the great problem of making more than $138,000/year (filing Single) – Well, you can't contribute into one anymore! Thankfully, we can use something called a Backdoor Roth. Nic explains how high-income earners can still reap the benefits of tax-free dollars in retirement. Host: Nic Daniels BFA™, Financial Advisor The Real Money Pros ————————————————————— SPONSORS: Academy Mortgage Lively (HSAs and FSAs) Tree City Advisors of Apollon ————————————————————— Chapters: 00:00 - Intro 00:30 - Why contribute to IRAs? 01:28 - How a Backdoor Roth Conversion works 07:12 - Outro... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Using a BACKDOOR ROTH for Tax-Deferred Growth Many individuals are familiar

Cloudera (CLDR) and the silver lining: at least my data science cluster included AYX. 💡 Discuss this video here in our FRM forum: 👉 Subscribe here to be notified of future tutorials on expert finance and data science, including the Financial Risk Manager (FRM), the Chartered Financial Analyst (CFA), and R Programming! ❓ If you have questions or want to discuss this video further, please visit our support forum (which has over 50,000 members) located at 🐢 You can also register as a member of our site (for free!) at 📧 Our email contact is support@bionicturtle.com (I can also be personally reached at davidh@bionicturtle.com) For other videos in our Financial Risk Manager (FRM) series, visit these playlists: Texas Instruments BA II+ Calculator Risk Foundations (FRM Topic 1) Quantitative Analysis (FRM Topic 2) Financial Markets and Products: Intro to Derivatives (FRM Topic 3, Hull Ch 1-7) Financial Markets and Products: Option Trading Strategies (FRM Topic

Attorneys Andy Fowler and Jeff Watson discuss how a self directed IRA can purchase and invest in promissory notes.... ( 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 Can you invest in promissory notes with your self-directed IRA? Investing for retirement is a critical aspect of financial planning, and individuals have diverse options to grow their funds. One such option gaining popularity is the self-directed Individual retirement account (IRA). Unlike traditional IRAs, which restrict investments to stocks, bonds, and mutual funds, self-directed IRAs grant investors greater control by enabling them to invest in a broader range of assets, such as real estate, precious metals, and even promissory notes. Promissory notes, also known as loan agreements or IOUs, are a commonly overlooked investment opportunity. They represent a legally binding agr

Gold IRA Rollover. Visit -- -- Learn how to roll over your 401k into a gold IRA without making the common mistakes. Learn the tricks on how to create a worry-free retirement and gain confidence when investing in gold!... ( 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 Gold IRA Rollover - Tips To Choose The Right Company in 2022 Investing in a Gold Individual retirement account (IRA) can be a sound financial move, particularly in times of economic uncertainty. Many investors turn to gold as a safe-haven investment and a way to diversify their portfolio. However, choosing the right company for a Gold IRA rollover can be a daunting task. With numerous options available, it is crucial to consider a few essential factors before making a decision. Here are some tips to help you choose the right company for your Gold IRA rollover in 2022. 1. Reputa

Which is better for saving for retirement, a traditional or Roth IRA? The right answer depends on your personal circumstances, including your tax situation, retirement date and financial goals. In this video, we cover the key similarities and differences between a traditional IRA and Roth IRA -- as well as what important considerations can help you determine whether a traditional or Roth IRA makes most sense for you. Subscribe to @underthebuttonwoodtree857 here: To learn more about financial planning and retirement, visit: Contact us about your portfolio or financial plan here: Facebook: Twitter: LinkedIn: #rothira #ira #retirementplanning #investing... ( 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 Traditional or Roth IRA: Which Is Better? Individual Retirement Accounts (IRAs) offer a great opportunity for individuals to set