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Showing posts with the label pretax

Reasons to Convert Your ROTH IRA to Short-Term Investments

One of the most important tools in finance we have today is the ROTH IRA. And ROTH Conversion is, simply put, the process of turning a traditional IRA or pre-tax 401k into a ROTH IRA. Why would you do that? Should you do that? Hint: key words is “taxes” Brad explains the pros and cons of conversion in the full video: ... ( 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 Why Convert Your ROTH IRA Short A ROTH IRA (Individual retirement account ) is a tax-advantaged investment account that allows individuals to save for retirement. One of the unique features of a ROTH IRA is that contributions are made after-tax, which means that withdrawals in retirement are tax-free. This makes it an attractive option for individuals who expect to be in a higher tax bracket during retirement. While a ROTH IRA offers excellent long-term benefits, there m

Reasons Why You Should Consider Converting to a ROTH IRA

One of the most important tools in finance we have today is the ROTH IRA. And ROTH Conversion is, simply put, the process of turning a traditional IRA or pre-tax 401k into a ROTH IRA. Why would you do that? Should you do that? Hint: key words is “taxes” Brad explains the pros and cons of conversion… #roth #ira #conversion #rothira #rothconversion #taxes #taxbracket #nationaldebt #retirement #retirementsaving #retirementplanning #financialplanning #rmds #irma #pretax #finances #saving #whyconvert #financialdecisionsmadesimple... ( 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 Why You Might Need to Convert to a ROTH IRA Financial planning and retirement savings are vital aspects of ensuring a stable future. Among the various retirement saving options available, ROTH IRA stands out as an attractive choice due to its unique advantages an

2022/2023 Solo 401k Contributions Guide w/ Secure Act 2.0 Update (Sole Proprietors/1099 Contractors)

Harvard Law Attorney George Blower leads an in-depth discussion of the 2022 and 2023 Mega Backdoor Roth Solo 401k Self-Directed Solo 401k Contribution Limits & Types for self-employed businesses taxed as Sole Proprietors, 1099-NEC/MISC Independent Contractors, Single Member LLCs including Secure Act 2.0 Update! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $61,000 (or even $66,500 if you are 50 or older) for 2022 (for 2023: $66k or $73.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alterna

2022/2023 Solo 401k Contributions Guide w/ Secure Act 2.0 Update (S-corp/C-corp/LLC as S/C-Corp/W-2)

Please join TODAY Friday 1/20/2023 at 1:00 pm Pacific/4:00 pm Eastern as Harvard Law Attorney George Blower leads an in-depth discussion of the 2022 and 2023 Mega Backdoor Roth Solo 401k Self-Directed Solo 401k Contribution Limits & Types for self-employed businesses taxed as S-corporations, C-corporation, LLCs taxed as S-corporations/C-corporations including Secure Act 2.0 Update! LEARN MORE: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $61,000 (or even $66,500 if you are 50 or older) for 2022 (for 2023: $66k or $73.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate,

美国退休金大扫盲|401k,IRA,pretax,aftertax是什么|mega backdoor,backdoor怎么做|roth vs traditional怎么选|rollover

2023快乐!新年第一支视频来讲投资 -- 美国退休金大扫盲,新的一年,大家可以根据上限把自己的养老金比例调整好。希望这个视频能讲清楚这几个问题: 1. 为啥会有个人退休金账户401k 2. 一张图,几句话概括traditional,Roth,401k,IRA -- 401k,IRA,pretax,aftertax是什么。 3. 一张表概括怎么取,怎么交税 4. 如何投钱,可以投多少钱 -- mega backdoor,backdoor怎么做 5. 如何选择?pretax or aftertax? 401k or IRA? 6. 选错了怎么办?rollover怎么操作... ( 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/%e7%be%8e%e5%9b%bd%e9%80%80%e4%bc%91%e9%87%91%e5%a4%a7%e6%89%ab%e7%9b%b2%ef%bd%9c401k%ef%bc%8cira%ef%bc%8cpretax%ef%bc%8caftertax%e6%98%af%e4%bb%80%e4%b9%88%ef%bd%9cmega-backdoor%ef%bc%8cbackdoor/?feed_id=62182&_unique_id=63c9cea019e88 #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #401kvsira #401k怎么选 #Aftertax #backdoor #ira #MegaBackdoor #pension #pretax #retirementplan #ROTH #traditional401k #养老金 #退休金 #RothIRA #401k #401kvsira #401k怎么选 #Aftertax #backdoor

CRASH COURSE IN IRAs- 401k, Roth 401k, Roth IRA | Eshi Jay

Hey guys! 401ks, IRAs, contribution percentages- all of that retirement stuff is confusing, so I thought I would de-mistify some of that information for you! Leave a comment on if you're liking these 'Crash Course in Finance' videos, and let me know what you want to see next. Have a great week! -Eshi SUBSCRIBE TO MY CHANNEL FOLLOW ME (@eshi.jay) SOURCES/ITEMS DISCUSSED Accounts to follow: The Financial Diet investing with Rose... ( 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/crash-course-in-iras-401k-roth-401k-roth-ira-eshi-jay/?feed_id=44311&_unique_id=63851a25506c2 #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #Finance #investing #Investments #ira #personalfinance #PostTax #pretax #Retirement #retirementsavings #ROTH401k #RothIRA #savingforretirement #traditiona