Check out our new blog In this video, I'm talking about the non deductible IRA and the traditional IRA. Keeping track of your deductible and non deductible traditional IRA contributions can help you save time and money in taxes. The Pro Rata Rule pulls in the deductible contributions from the traditional IRA when you convert. It's important to keep track of those contributions to avoid having issues with the Pro Rata Rule. I'm also talking about Roth IRA conversions or simply Roth conversions, backdoor Roth IRA, the pro-rata rule for non deductible contributions and the traditional IRA. ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE Our financial planning pro
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)