Timothy Sumer

Ask your money questions here : Join the Melanin Money Experience today : - Follow the Melanin Money brand on Instagram - Connect with George on Instagram - Connect with Carter on Instagram ... ( 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 Your 401k: What The Bank DOESN'T Want You To Know! When it comes to planning for your retirement, one of the most common options people consider is a 401k plan. This employer-sponsored retirement savings account allows employees to set aside a portion of their salary, pre-tax, for future use. While it seems like a straightforward and beneficial tool, there are some aspects of your 401k that your bank may not want you to know. Firstly, many banks and financial institutions charge high fees for managing your 401k. These fees can include administrative fees, inv

Weekly Wednesday Wisdom Webinars April 26, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:09 What is involved in funding a Trust? 9:48 Getting I Bonds from a tax refund, how do I add those to the Trust? 11:29 If I have too many credit cards more than I need, does that help or hinder the credit rate? 12:26 Are you concerned about the dollar remaining the reserve currency, is there anything we should be doing to prepare in case it

Should You Hire Your Spouse Inside Your LLC or S-Corp? Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡  Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc #taxes #taxfreeliving #taxexpert #taxreduction Recommended Video For You If you own a LLC or S Corp and married

FREE Copy of Retirement List Summary Shown in Video LINK OPTIONS X! So, do this first: SOLVE this ONE number for your RETIREMENT PLAN and it will pick the BEST OPTION for you! One clue REVEALS everything you need to know. How much can you tax deduct for your retirement plan? 401k? IRA? SEP? Roth IRA? Simple? 403b? Solo 401k? Simple IRA? Defined Benefit Plan? Money Purchase Plan? Prepare For Your Ideal Retirement! Self-Employed Retirement Plans. Employee Retirement Options. Small Business Employer Retirement. Retirement plan. Retirement calculator. retirement planning . 401K Max. IRA Max. Roth IRA Max. Simple IRA Max. 401k max contribution 2022. 401k max contribution 2023. IRA contribution limits. IRA contribution limits 2023. Roth IRA vs IRA. 401k vs IRA. Simple IRA vs 401K. Retirement plan maximum contributions. Self Employment Retirement Options. LINK TO SUMMARY OF RETIREMENT OPTIONS BY YEAR & PLAN [AS PRESENTED IN VIDEO] CHECK OUT MY 4 "ON DEMAND" SEMIN

Weekly Wednesday Wisdom Webinars January 4, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:01 What is new with Secure Act 2.0? 14:57 What should we be looking at for 2023 in terms of planning? 21:41 Change of rule by the Labor Department regarding retirement fund? 24:13 Question about Interest rate increases Visit our website to learn more ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: G

In this video, I'm talking about the SEP IRA and Roth IRA together to help you save more and lower your taxes. Using multiple retirement plans together can get a little more complicated and I'm sharing what I would want to know about these two plans. 00:00 Intro SEP IRA + Roth IRA 00:55 Who should consider the SEP IRA? 01:26 Who should consider the Roth IRA? 2:00 SEP IRA Contribution and Income Limits 2:44 Roth IRA Contribution and Income Limits 5:05 SEP IRA contribution calculation 6:29 S-Corporations and the SEP IRA 7:33 Backdoor Roth IRA contributions 8:28 IRS Publication 560 8:56 SEP IRA Contribution Rate Sheet 10:00 IRS Publication 590-a 10:20 MAGI for Roth IRA worksheet 10:55 Publication 590-b 11:19 Retirement Plan Rollover Chart 11:55 Issue #1 14:23 Issue #2 14:32 Issue #3 17:00 Issue #4 ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: -----------------------------------------------------