Timothy Sumer

Big changes to the 529 education savings plan. It is now allowing you to rollover into a Roth IRA... ( 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 Huge Changes to the 529 Plan: Allowing Rollovers into Roth IRA Saving for your child's education has just become a lot more flexible, thanks to the recent massive changes to the 529 plan. Up until now, these tax-advantaged savings accounts were solely dedicated to funding education expenses, but a new provision has opened up the possibility of rolling over unused funds into a Roth IRA, expanding the range of options available to families. This change brings about exciting opportunities for families to secure their child's post-secondary education while also planning for their long-term financial future. A 529 plan, named after Section 529 of the Internal Revenue Code, allows parents, grand

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