Timothy Sumer

Subscribe to get new videos on Personal Finance, Career Tips, & Wealth Building: Reasons to invest in Retirement Accounts In this video I'm going to answer What is the difference between an IRA and 401k? Before we get into 401k vs IRA and 401k and IRA similarities, here's seven quick reasons to invest in retirement accounts. Invest in retirement accounts before brokerage accounts like WeBull and Robinhood because its more passive. Retirement accounts require initial research and becomes automated investing. For retirement account investing it doesn't take any more work and you don't have to pay attention to the stock market or stock market news. retirement account investing is a good way to get started if you are a busy student or working professional. You can grow your wealth tax free dependign on which retirement account you choose between a traditional 401k vs ROTH IRA. What are retirement accounts Retirement accounts are investing accountes desi

As new clients open accounts or transfer their IRA's to us they are asked who they would like to add as a beneficiary. While most of us understand exactly what this means, it does raise many other questions. We've saved up those questions and today, Dustin covers the top FAQ's when it comes to beneficiaries on your IRA's. If you have a Roth IRA or other IRA type then you can have a beneficiary or even many beneficiaries on your account. You can name a person or even a charity if you like. First there are primary beneficiaries. These are the first in line to get your IRA should you leave this earth. You can name as many as you like as long as you specify a total percentage that equals out to 100%. Next are back up beneficiaries in the event that your primary beneficiary has passed before you. This can also be anyone you like. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments and, usin