Timothy Sumer

It’s a new week which means we have a new Weekly Webinar episode to help you better navigate and understand your finances. This week, Mark touches on a range of wealth management topics, from recent headlines to a review of the markets, ending with tips on how you can save tax on inherited IRAs. Mark begins the webinar by touching on the headlines that have come out this week. Most recently, the Consumer Price Index released its numbers for the month of June, showing that inflation is coming down to more normal areas. However, Mark notes that the FED is still looking for a 2% inflation rate so it’s unclear if they will stop raising interest rates or if they’ll begin making cuts. He also touches on the numbers that came from the Producers Price Index as well as other recent economic indicators. Following this, Mark shares updates from the Ed Slott Group for this week, the big update being that the IRS excused any missed RMDS in 2023 within the 10-year payment period and is

The Inherited IRA rules are confusing! **This video is not tax advice and if you're looking for advice you should seek an expert.** Thanks for watching! 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 For individuals who have inherited an IRA, the new rules that have come into effect this year have created some confusion and frustration, especially as custodians are finding it challenging to provide clarity around the rules. The new rules, which were implemented as part of

Inherited IRAs – New Rules You Need To Know - Make retirement planning Easier Subscribe Now: Schedule Your FREE Retirement Assessment Today Download Our Retirement Toolkit: Inheriting an IRA can be very complicated. If you have inherited an IRA or plan to inherit an IRA in the near future, then this is an important video for you. With the passing of the Secure Act at the end of 2019, the rules for how you must distribute an inherited IRA changed. There have been recent updates over the past few months that have changed the initial interpretation of the Secure Act rules. If you are inheriting an IRA from your spouse, things are still pretty simple. It is when you are a non-spousal beneficiary of the IRA that things can get complicated. It can become even more complex if the original owner of the IRA was taking Required Minimum Distributions (RMDs). The Secure Act Established the 10-year rule for inherited IRAs and in this video, we look at the exceptions to that ru

Do you plan to inherit an IRA? If so, this is a must-watch video as the rules that mandate inherited IRAs have recently changed in 2022. You will not have mandated RMDs during the SECURE Act's 10-year window... You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to There have been a lot of rule changes in inherited IRA space over the last few years with the passing of the SECURE Act. As we sit here in 2022, the changes keep coming... We previously understood the SECURE Act's 10 year rule as having no required minimum distributions except for having to withdraw the full IRA balance by year 10. Now, however, with new IRS guidance in 2022, this 10 year rule changes drastically. You will now have ongoing, annual RMDs. Watch this video to learn more... #InheritedIRA #retirementplanning #estateplanning - - - - - - - - - - - - - - - - - - - - - - - A

Inherited IRA rules and changes. 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 The Internal Revenue Service recently made a significant change to the rules governing inherited individual retirement accounts (IRAs). The new rules, which took effect on January 1, 2020, affect how beneficiaries of inherited IRAs can access their accounts. Under the old rules, beneficiaries of inherited IRAs could withdraw the entire balance of the account immediately. This was known as the "