Timothy Sumer

Are you planning for retirement and wondering if you can use your TSP or other qualified retirement savings to fund a private pension? While there are benefits to doing so, such as increased flexibility and control over your finances, there are also risks involved, including penalties and taxes for early withdrawals. In this video, we explore the benefits and risks of using TSP and other qualified retirement savings to fund a private pension, as well as strategies for determining the right approach for your unique situation. At US VetWealth, we're here to help you make informed decisions about your retirement and achieve a comfortable and secure post-military life. Don't wait until it's too late – Schedule a Call today and start planning for your future. And don't forget to subscribe to our channel for more helpful resources and advice! ----------------------------------------------------------------------------- Unlock the full potential of your retirem...

There are a lot of legalities and rules that are hard to find or understand untill you actually retire.... ( 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 Are you taking advantage of your 401k and pension benefits? Before you sign up, it’s important to understand the fine print. Here’s what you need to know. First, read the fine print on your 401k and pension plans. Make sure you understand the vesting schedule, contribution limits, and other details. You should also know how withdrawals and distributions will affect your taxes. Second, understand the fees associated with your 401k and pension plans. Some plans may charge administrative fees, investment fees, or other costs. Be sure to ask your plan administrator about any fees and how they will affect your returns. Third, understand the investment options available to you. Ma...