Timothy Sumer

Which IRA is best. Beyond the basics: A comprehensive guide to understanding often overlooked tax strategies between a Traditional IRA and a Roth IRA. Learn the differences between Traditional IRAs and Roth IRAs, discover advanced tax strategies for individual retirement accounts that can potentially minimize taxable income and shield you from capital gains taxes. Understand how your IRA choice can impact your Social Security taxes. Weigh the advantages and disadvantages between the two accounts. Make a more informed choice for your retirement and wealth-building strategies. Learn which IRA is best and why the Roth IRA is so great. ✅ SUBSCRIBE SUBSCRIBE SUBSCRIBE ✅ #retirement #retirementplanning #rothira #personalfinance #financialfreedom Timestamps: 0:00 Intro 0:55 Examples Comparing Taxes 6:32 Contribution Limits 7:00 Doing Both? 7:18 IRA Tax Strategies 13:35 IRA Restrictions 15:19 Withdrawing IRA Funds 16:20 Distribution Rules 16:47 Future Taxes 17:42 Recom

An employer/boss is a person who has authority and control over a business or group of people in the company. Employees are people who use skill and ability to earn an income from the employer by helping them grow the business. To be a boss you must first learn to be a good employee. The question that millions of people ponder daily is do they want to be their own boss or remain an employee. This Financial Freedom Friday Video will let you know if you really should be a boss or embrace being an employee to reach your financial goals. 🔴 SUBSCRIBE for more FREE tips: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝BECOME ONE OF OUR HIGH VALUED CLIENTS: It only takes 2 steps 1. Complete an application. ➡️ 2. Once application is complete, take our Color of Money Risk Analysis to help us assess your overall risk tolerance. ➡️ Wish to Schedule an Appointment with the Retirement Education Center ➡️ Want to learn more? Watch our 1 hour Retirement Income MasterClass ➡️ Want to learn how

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

Full retirement age, also called normal retirement age, was 65 for many years. In 1983, Congress passed a law to gradually raise the age because people are living longer and are generally healthier in older age. These changes have led to many people being confused about what their full retirement age is to receive 100% of their social security benefits In this Retirement Tuesday Tip video we will help you know what your Full Retirement Social Security Benefit age is based on the year you were born. 🔴 SUBSCRIBE for more FREE tips: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝BECOME ONE OF OUR HIGH VALUED CLIENTS: It only takes 2 steps 1. Complete an application. ➡️ 2. Once application is complete, take our Color of Money Risk Analysis to help us assess your overall risk tolerance. ➡️ Wish to Schedule an Appointment with the Retirement Education Center ➡️ Want to learn more? Watch our 1 hour Retirement Income MasterClass ➡️ Want to learn how to avoid 401(k) rollover mistakes?

Stress and anxiety are common experiences for many people. In fact, millions of adults in the United States say they feel stress or anxiety daily. Many people deal with stress every day. Work, family issues, health concerns, and financial obligations are parts of everyday life that commonly contribute to heightened stress levels. Part 2 of this Retirement Concept video series will give you insight on how to either live rich or live free to enhance your personal lifestyle. 🔴 SUBSCRIBE for more FREE tips: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝BECOME ONE OF OUR HIGH VALUED CLIENTS: It only takes 2 steps 1. Complete an application. ➡️ 2. Once application is complete, take our Color of Money Risk Analysis to help us assess your overall risk tolerance. ➡️ Wish to Schedule an Appointment with the Retirement Education Center ➡️ Want to learn more? Watch our 1 hour Retirement Income MasterClass ➡️ Want to learn how to avoid 401(k) rollover mistakes? Click to download our Fre

Many people would like to know how to increase their income to fight inflation, reach their money goals quicker, or just get some more room in the budget each month. Increasing your income can offer several benefits, including: Reducing stress, pressure you may feel regarding your ability to manage your money, stabilizing your income, make it easier to pay off debt, and save money for future purchases or establish a retirement account . This Retirement Concept video will give you five ways you can increase your income to give you more stability and peace of mind in retirement . 🔴 SUBSCRIBE for more FREE tips: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝BECOME ONE OF OUR HIGH VALUED CLIENTS: It only takes 2 steps 1. Complete an application. ➡️ 2. Once application is complete, take our Color of Money Risk Analysis to help us assess your overall risk tolerance. ➡️ Wish to Schedule an Appointment with the Retirement Education Center ➡️ Want to learn more? Watch our 1 hour Retirem

Knowing the difference between a Roth IRA and Traditional IRA is probably the most common question I receive. And knowing the difference/tax incentives given to you could aid you to become financially independent sooner than if you saved in a typical investment account. There are plenty more rules surrounding these accounts that define withdrawal rules, contribution limits based on income, and how to get around those income limits. But I didn't think you all want to sit around for a one hour lecture on IRA's. Don't worry though, because I'll be making more videos pertaining to the niche rules surrounding these accounts as time goes on. Arbitrage: Sincerely, Stephen B.... ( 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 IRA vs Traditional IRA: Which Account Should You Use? Saving for retirement is a crucial part of

The Rich TAX LoopHole, the Backdoor Roth IRA! Yes, this is a method used by the wealthy who cannot qualify for a regular Roth IRA. This method allows you to save hundreds of thousands of dollars on taxes, and its relatively simple. All you have to do is create both an IRA and a Roth IRA account, preferably at the same financial institution. then you fund your IRA, and transfer those funds to a Roth IRA. The key is that you make INDIRECT contributions to your Roth IRA, rather than DIRECT contributions! AWESOME! BUT! there are some key notes you have to look out for. In this video I cover what these accounts are and how you can take advantage of them in order to save on your tax obligations! SEEKING ALPHA LINK (59% OFF!!) with a 7-DAY FREE TRIAL CHAPTERS: 0:00 Introduction 0:20 Roth IRA 0:38 Traditional IRA 1:00 The benefits of Roth IRA & Examples 3:05 The PROBLEM with Roth IRA 3:33 Backdoor Roth IRA - the method 4:08 HOW to convert your funds from Traditional IRA to

Roth IRA Basics and Strategies You MUST Know - Make retirement planning Easier Subscribe Now: Download Our Retirement Toolkit: Are you looking for a tax-free growth and withdrawal retirement savings plan? Then look no further than the Roth IRA. In this comprehensive guide, we'll cover everything you need to know about Roth IRAs, from the basics of what they are and how they work to more complex topics like Roth conversions including The Backdoor Roth IRA and The Mega Backdoor Roth IRA. If you're new to Roth IRAs or just need a refresher, we've broken down the video into chapters so you can easily skip ahead to the topics that interest you the most. We cover the basics of Roth IRAs, including what they are, how they work, and the benefits of opening one. One of the biggest benefits of a Roth IRA is tax-free growth and tax-free withdrawals in retirement. We'll also discuss the differences between Roth IRAs and traditional IRAs, and how to decide which on

Roth IRA vs Traditional IRA. In this video I will be breaking down the similarities and differences between these two retirement accounts. But most importantly remember, be someone that makes you happy. Follow me on: Instagram - Jaz.minBautista For Business Inquires, you can reach me at jazfireflyy830@gmail.com DISCLAIMER: I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Please be safe and careful.... ( 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 retirement planning is a critical aspect of securing your future financial independence. One of the most critical choices you can make while planning your retirement is deciding on the best IRA (Individual retirement account ) to invest i

Let's explore the similarities and differences of a Roth IRA vs Traditional IRA. The biggest difference between a Roth IRA and a traditional IRA is how they are funded. Contributions to traditional IRAs are tax deductible, but distributions in retirement are taxable. In comparison, contributions to Roth IRAs are not tax deductible, but the withdrawals in retirement are not considered income and therefore will not be taxed. Videos: 🔴Roth IRA Explained: 🔴Roth IRA vs Brokerage Account 🤑Investing Videos: All of my videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. My videos ARE NOT financial advice. Some of the links on this channel are affiliate links, meaning, I may earn a commission if you click through and make a purchase or subscribe.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver I

Take a deep dive into the difference between a Traditional vs ROTH 401(k) or IRA. This video gets into the specifics of what you need to know to make an informed decision as well as a detailed example of the tax benefits of both. Take the next step in empowering yourself to have a secure financial future! Enjoy! - LINKS - (When available, we use affiliate links and may earn a commission) COLLEGE SCHOLARSHIP RESOURCES: Debt Free Degree by Anthony ONeal: Ultimate Scholarship Book 2021: FREE Scholarship Prep Bundle: MONEY RESOURCES: Total Money Makeover by Dave Ramsey: Financial Peace University by Dave Ramsey: Chris Hogan R:IQ tool: Everyday Millionaires by Chris Hogan: The Simple Path to Wealth by J L Collins: FREE Money Management Template: PERSONAL DEVELOPMENT RESOURCES: UNSTOPPABLE by Tracy Timm: BUSINESS RESOURCES: VidIQ YouTube Optimization: ConvertKit Email Marketing Solution: - TIMESTAMPS - 00:00 What's the Difference between Traditional and ROTH?

Public-sector and nonprofit organizations don't offer 401(k) plans that employees can contribute to. However, they can and do offer other employer-sponsored plans: the 403(b) and the 457(b). A 457 plan has two types. A 457(b) is offered to state and local government employees and a 457(f) is for top executives in nonprofits. A 403(b) plan is typically offered to employees of private nonprofits and government workers, including public school employees. This video attempts to explore the similarities and differences of the two plans. 🔴 SUBSCRIBE for more FREE tips: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝BECOME OUR CLIENT: It only takes 2 steps ➡️ 1. Watch our free (60min) Masterclass to learn how we help clients maximize ALL of their Income sources. 2. Once you watch the video you will be prompted to apply to become our client. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📲CONNECT WITH US ON SOCIAL MEDIA: Facebook ➡️ LinkedIn ➡️ linkedin.com/in/carson-graves-22103413/ Website ➡️ ▬▬▬▬▬▬▬▬