Timothy Sumer

Don't stress about trying to beat inflation with your emergency fund! Instead, focus on keeping it safe and accessible in a high-interest savings account where you can earn a solid 2.5%-3% interest. Remember, your emergency fund isn't meant for risky investments, it's there for peace of mind and those unexpected expenses. Keep it secure and accessible, not tied up in the stock market. I am a licensed mortgage agent M21004312 working with Dominion lending centres, Valko Financial FSRA13047. I work with over 60 lenders including the top banks to provide an array of mortgage products that are suited to your needs. I can help you with your housing needs across all provinces in Canada (except Quebec). I help First time home buyers & investors make smart realestate decisions based on numbers and not emotion. Want to book a call 👇 (It's free 🥳) Get up to $3,000 in cash to trade stocks or crypto commission-free! Use this code 91NX5W or the link below to sign

#schoolofpersonalfinance #rothira #personalfinance #savemore #financialfreedom #financialeducation I love my Roth IRA. This video is about all the reason you should be using a Roth IRA to save more money for retirement. Roth IRA's are funded using after-tax dollars meaning you do not get a tax deduction when you make the contribution. Instead, you get the benefit of completely tax-free withdrawals in retirement. There are some rules that are specific to the Roth that need to be followed for the withdrawals to be tax-free. A Roth IRA can be a great option if you have taxable earned income, you are in a low tax bracket and you are under the income limitations. You can open a Roth IRA at all the same institutions as the traditional. A big difference with a Roth is that you can withdraw your contributions at any time without taxes or penalties. This is a very nice feature. For example, if you have contributed $20,000 over the last 4 years and the account value has grown t

For retirement you basically have 3 options: 401k, IRA, or ROTH IRA. My favorite is the ROTH IRA because I believe taxes will be much higher in a couple years due to inflation and the pandemic. The ROTH IRA sets you up for financial freedom and financial independence for life to be a tax-free millionaire! Step-by-step Open A ROTH IRA: #rothira #voo #etfinvesting *not financial advice... ( 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 Roth IRA is a powerful retirement savings tool that allows you to save for retirement without having to pay taxes on your earnings. The Roth IRA is a great way to save for retirement and it is an investment that is virtually unbeatable. The Roth IRA is a retirement savings account that allows you to save for retirement without having to pay taxes on your earnings. This means that when you withdraw money fr

#rothconversion #backdoorroth #rothconversionladder #schoolofpersonalfinance #personalfinance #financialeducation #financialplanning #financialfreedom In this video I explain exactly what a Roth IRA conversion is, when it makes sense to convert, how to convert and when you should not convert. I also explain what a Roth IRA conversion ladder is and why so many financial independent, retire early followers are using this strategy. Also in this video, I explain what a backdoor Roth IRA contribution is and how to go about doing it. Subscribe Here: Share this video with a friend: Check out School of Personal Finance blog: ★ CONNECT WITH RICH ON SOCIAL★ ▸Twitter: ▸Instagram: ▸Facebook: ▸Linked In: Thanks, Rich McCormack, CFP® School of Personal Finance School of Personal Finance is an Investment Advisor registered with the State(s) of New York. All views, expressions, and opinions included in this communication are subject to change. This communication is not i

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 INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/smart-tax-breaks-for-retirement-investing/?feed_id=57450&_unique_id=63b79a61ba3a5 #Inflation #Retirement #GoldIRA #Wealth #Investing #financialadvisor #FinancialPlanning #financialplanninganalyst #investingtaxbreaks #investingtaxstrategy #personalfinance #personalfinance101 #Retirement #retirementincomestrategies #retirementinvesting #retirementinvestmentstrategies #retirementplann

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 https://inflationprotection.org/backdoor-roth-ira-secret-nobody-does-jazz-after-dark/?feed_id=52676&_unique_id=63a55c2a9f17b #Inflation #Retirement #GoldIRA #Wealth #Investing #backdoorroth #backdoorrothhelp #backdoorrothira #backdoorrothirahack #backdoorrothiratricks #financialadvisor #financialhelp #FinancialPlanning #personalfinance #personalfinance101 #personalfinancetips #personalfinancetracker #realestateagent #r

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 INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/payoff-mortgage-or-invest-instead/?feed_id=50709&_unique_id=639dbe95a959c #Inflation #Retirement #GoldIRA #Wealth #Investing #buyinghouse #daveramsey #financialadvisor #financialadvisoradvice #financialplanner #payoffmortgageinvesting #personalfinance #personalfinance101 #personalfinanceforbeginners #personalfinancemanagement #personalfinancetips #realestate #realestateinvesting #r

Welcome back to Money In A Minute with Diamond NestEgg! Could a Roth IRA be the best option for you? Today we're going to talk about the top four reasons for choosing a Roth IRA vs a traditional IRA! Be sure to check out our full playlist of retirement videos to better understand the pros, cons and limitations of a ROTH before opening one up on your own: And for more personal finance 101, budgeting for beginners, money saving tips & good money habit motivation, hit that subscribe button! We're here almost every weekday! WATCH NEXT ⭐ 2022 November I-Bond Rate Prediction: ⭐ How To Buy An I Bond (step-by-step tutorial) via TreasuryDirect: ⭐ How Is I-Bond Interest Formula Calculated & When Does It Show Up In Your Account: ⭐ How To Buy More/ Gift I Bonds (For Spouses & Married Couples): 👉 Subscribe to our channel for all things inflation, retirement planning & building generational wealth! #jenniferlammer #firstgeneration #bonds ________

Today on Your Money, Your Wealth® podcast 371 with Joe Anderson, CFP® and Big Al Clopine, CPA, when do you have to pay the taxes on a Roth IRA conversion to avoid any IRS penalties? Was it a mistake to convert to Roth IRA? What percentage of your assets should be in tax-free, tax-deferred, and taxable accounts to give maximum flexibility in retirement? And finally, do Roth conversions count as income toward your eligibility to contribute to a Roth, and how will a pension be taxed? Podcast show notes, episode transcript, free financial resources, Ask Joe & Al On Air: 00:00 - Intro 00:50 - When Do You Have to Pay Roth Conversion Taxes Without Penalty (John, Atlanta voice message) 05:05 - When to Pay Roth Conversion Taxes? (Luis, Plant City, FL) 09:59 - Schedule a free financial assessment: 10:38 - What Percentage in Tax-Free, Tax-Deferred and Taxable Accounts Gives Max Flexibility? (Benjamin, Fargo, ND) 18:28 - Was Our Roth Conversion a Mistake? (David, California) 25:3

The Roth IRA and Traditional IRA are mega boosters to your retirement. -Get One Free Stock -Robinhood- -Life Insurance Quotes- -Budgeting-YNAB- 0:00 -Intro 0:30 -What is An IRA? 2:06 -Rules of an IRA 3:22 -Where To Get an IRA 4:08 -Traditional IRA 7:14 -Roth IRA 10:21 -IRA Warning 11:37 -Which is Best 12:43 -Backdoor Roth IRA 14:34 -BackDoor Roth IRA Drawbacks Contact: For business inquires nate.r.jackson88@gmail.com Tools I use to support the youtube channel: Website Hosting: Domain Registration: Camera: Canon M50 Microphone: Tascam DR-10L When it comes to the Traditional Vs Roth IRA it is a very simple process to start one. What is an IRA? An Individual retirement account is a tax sheltering account that can be used to invest and grow your money for retirement. You must be 59 1/2 in order to withdraw this money. The max that you can input for 2021 is $6,000. This must be earned income. If you make less than $6,000 then you can only put in what you make. If you h

In todays video we go more in depth on the famous Roth IRA. A Roth IRA is a tax-advantaged individual retirement savings plan designed to encourage savers to save more for retirement. With a Roth IRA, individuals can contribute with post-tax dollars. Then in retirement, there are no taxes required on distributions. Essentially, you are paying taxes now to avoid paying taxes in your golden years. #RothIRAExplained #RothIRASimple #RothIRA2021 ~ SOCIALS ~ Instagram : Twitter : My Equipment!! Camera : Sony ZV1 SD Card : SanDisk Extreme Pro 64GB Computer : IMac 21.5’’ 2017 FAQs : What Software Do I Use To Edit My Videos? ~ Final Cut Pro X How Do I Edit My Thumbnails? ~ SuperImposeX BUSINESS INQUIRIES ONLY: tjaytran08@gmail.com DISCLAIMER: I am not a financial advisor. The topics and tips presented in these videos are personal opinions for educational purposes only. Not all information may be accurate. It is imperative that you conduct your own research. I am merely s